Law Offices of Howard G. Smith Announces Investigation on Behalf of Shareholders of Systemax Inc.
April 04 2008 - 7:00PM
PR Newswire (US)
BENSALEM, Pa., April 4, 2008 /PRNewswire/ -- Law Offices of Howard
G. Smith announces that it is investigating potential claims
against Systemax Inc. ("Systemax" or the "Company") (NYSE:SYX)
concerning possible securities law violations by Systemax and
certain of its executive officers between August 29, 2006 and
January 28, 2008, inclusive (the "Class Period"), relating to,
among other things, the Company's policies and procedures for the
processing and payment of customer rebates. The investigation
concerns alleged misrepresentations during the Class Period
concerning the Company's financial performance as a result of its
policies, practices and procedures which allegedly were designed to
improperly prevent or deny payment of rebates to consumers and, in
turn, to improperly and artificially inflate Systemax's financial
results, including its reported profit margins and net income. If
you have information or would like to learn more about these
claims, or if you wish to discuss these matters or have any
questions concerning this Notice 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. DATASOURCE: Law Offices of Howard G.
Smith CONTACT: Howard G. Smith, Esquire, of Law Offices of Howard
G. Smith, +1-215-638-4847, or 1-888-638-4847,
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