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Systemax Inc. Potential Securities Fraud Investigation

Systemax Inc. announced May 11th that it will restate the December 31st, 2004 year end results after discovering inventory accounting errors at their subsidiary Tiger Direct, Inc. Systemax is currently reviewing records to determine if these accounting errors have affected periods in 2004 and, if so, which periods during 2004 were affected. The company will restate its historical financial results upon completion of this review and has cautioned investors not to rely on current historical results. There is no date set for completion of this review at this point.

Schneider & Wallace, a California law firm, is investigating whether or not Systemax may have violated any securities laws in their prior SEC filings.

Register your Systemax Inc. Securities Fraud Case

If you would like to be contacted by Schneider & Wallace regarding this stock and you purchased shares of Systemax between May 4, 2004 - May 11, 2005, please click the link below to submit your complaint.

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Published on May-17-05


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