Market Overview

INVESTOR ALERT: The Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Lexmark International, Inc. Investors and Encourages Investors to Contact the Firm


Offices of Howard G. Smith
 announces that a class action lawsuit has
been filed on behalf of investors who purchased Lexmark International,
Inc. ("Lexmark" or the "Company") (NYSE: 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

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

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,
or visit our website at

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

View Comments and Join the Discussion!