An investigation for investors in NASDAQ:ODP shares over potential securities laws violations by Office Depot Inc and certain of its directors and officers was announced.
Investors who purchased shares of Office Depot Inc (NASDAQ:ODP), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Office Depot Inc (NASDAQ:ODP) concerning whether a series of statements by Office Depot Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Office Depot Inc reported that its Total Revenue declined from over $16.09 billion for the 52 weeks period that ended on December 27, 2014 to over $14.48 billion for the 52 weeks period that ended on December 26, 2015 and that its Net Loss of $354.00 million for the 52 weeks period that ended on December 27, 2014 turned into a Net Income o $8.00 million for the 52 weeks period that ended on December 26, 2015.
Those who purchased NASDAQ:ODP shares have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
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