May 11, 2020
Lexmark International Inc. has agreed to pay a proposed class of investors $12 million to end shareholders' claims in New York federal court that the company temporarily inflated its value by oversupplying some of its markets.
August 19, 2019
Lexmark investors on Friday asked a New York federal judge to certify a class in a suit alleging the printer manufacturer caused its stock price to tumble after it oversupplied some of its markets overseas, temporarily inflating the company's value.
March 19, 2019
A New York federal judge declined Lexmark's bid to dismiss a stock-drop lawsuit from investors, saying the shareholders have adequately alleged the computer printer maker withheld that it was flooding its international market with products that distributors had a hard time unloading.