Deadline Alert: The Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit against Lexmark International, Inc. (LXK)

Law Offices of Howard G. Smith reminds investors of the September 19, 2017 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased Lexmark International, Inc. ("Lexmark" or the "Company") LXK securities between August 1, 2014 and July 20, 2015, inclusive (the "Class Period"). Lexmark investors have until September 19, 2017 to file a lead plaintiff motion.

Investors suffering losses on their Lexmark investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com.

The complaint filed in this class action alleges that throughout the Class Period, Lexmark made materially false and/or misleading statements, and/or failed to disclose, that (1) end-user demand and growth for the Company's supplies business was deteriorating; (2) pricing increases were the primary driver of supplies revenue growth, not end-user demand; (3) customers in the supplies channel reacted by buying ahead of anticipated pricing increases; (4) and that as a result, there were excessive inventory levels at its European wholesale distributors.

On July 21, 2015, Lexmark reported poor results for its second quarter ending June 30, 2015, and lowered its 2015 sales guidance. The Company revealed its supplies growth was not attributable to end-user demand but rather the result of its European customers buying ahead of customary price increases which produced excessive inventory.

On this news, shares of Lexmark dropped in value considerably, thereby damaging investors.

If you purchased shares of Lexmark during the Class Period you may move the Court no later than September 19, 2017 to ask the Court to appoint you as lead plaintiff if you meet certain legal requirements. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at 215-638-4847, toll-free at 888-638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

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