SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of Claims of Breaches of Fiduciary Duty by the Board of OfficeMax I
March 06 2013 - 5:06PM
Levi & Korsinsky notifies investors of OfficeMax Incorporated
("OfficeMax" or the "Company") (NYSE:OMX) of claims of breaches of
fiduciary duty and other violations of state law against the board
of directors of the Company in connection with the sale of the
Company to Office Depot, Inc. ("Office Depot") (NYSE:ODP). A
complaint was filed in Illinois state court.
Click here to learn how to join the action:
http://zlk.9nl.com/officemax-omx/, or call:
877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, OfficeMax shareholders will
receive 2.69 shares of Office Depot stock for each share of
OfficeMax stock they own, representing a value of approximately
$13.50 per share. The deal is valued at approximately $1.2 billion.
The claims concern whether the OfficeMax Board of Directors
breached their fiduciary duties to stockholders by failing to
adequately shop the Company before entering into this transaction.
At least one analyst set a price target for OfficeMax stock at
$17.00 per share.
If you own common stock in OfficeMax and wish to obtain
additional information, please contact Joseph E. Levi, Esq. either
via email at jlevi@zlk.com or by telephone at (212) 363-7500,
toll-free: (877) 363-5972, or
http://zlk.9nl.com/officemax-omx/.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, and Washington D.C. The firm has extensive
expertise in prosecuting securities litigation involving financial
fraud, representing investors throughout the nation in securities
and shareholder lawsuits. The attorneys at Levi &
Korsinsky have been appointed by numerous courts throughout the
country to serve as lead counsel on behalf of shareholders in major
securities lawsuits and have successfully recovered
multimillion-dollar damages awards on behalf of investors.
For more information, please feel free to contact any of the
attorneys listed below. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT: Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com
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