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Oklahoma Firefighters Pension and Retirement System v. Lexmark International, Inc. et al
Case Number:
1:17-cv-05543
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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May 11, 2020
Lexmark Settles Investor Suit Over Oversupply For $12M
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.
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August 19, 2019
Lexmark Investors Seek Class Cert. In Stock-Drop Suit
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.
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March 19, 2019
Lexmark Can't Shake Stock-Drop Suit Over Inventory Glut
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.