Class Action Accuses Office Depot Of Cooking Books

Law360, New York (April 21, 2009, 12:00 AM EDT) -- A consolidated group of plaintiffs has filed a new complaint in a purported class action accusing Office Depot Inc. and two of its principals of a massive financial fraud that erased billions in shareholder value.

The complaint, filed Monday by lead plaintiff New Mexico Educational Retirement Board in the U.S. District Court for the Southern District of Florida, comes less than a month after Judge Daniel T. K. Hurley dismissed the case for failure to state a claim under the Private Securities Litigation Reform Act but...
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