NEW YORK, Oct. 23, 2008 (GLOBE NEWSWIRE) -- The Brualdi Law Firm, P.C. announces a preliminary injunction hearing has been scheduled for Monday, October 27, 2008, at the Court of Common Pleas in Franklin County, Ohio seeking to preliminarily enjoin the sale of Ikon Office Solutions, Inc. ("Ikon") (NYSE:IKN) to Ricoh Company Limited ("Ricoh").
The class action lawsuit was filed on September 23, 2008. The Complaint alleges that the proposed sale of Ikon to Ricoh protects the interests of Ikon's directors and Ricoh at the expense of Ikon's public shareholders. The Complaint also alleges that the directors concealed material information from plaintiff and Ricoh's other public shareholders in conjunction with the same.
To be a member of the class you need not take any action at this time, and you may retain counsel of your choice. If you wish to discuss this action or have any questions concerning this Notice or your rights or interests with respect to these matters, you may contact Richard B. Brualdi or Gaitri Boodhoo at The Brualdi Law Firm P.C., 29 Broadway, Suite 2400, New York, NY 10006, by telephone toll free at (877) 495-1187 or (212) 952-0602, by email to gboodhoo@brualdilawfirm.com, or visit our website at http://www.brualdilawfirm.com.