Class Action Lawsuit Against Anixter International Inc.

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Law Offices of Howard G. Smith Announces Class Action Lawsuit Against Anixter International Inc.

Law Offices of Howard G. Smith announces that a securities class action lawsuit has been filed on behalf of all persons or entities who purchased the common stock of Anixter International Inc. ("Anixter" or the "Company") (NYSE:AXE) between January 29, 2008 and October 20, 2008, inclusive (the "Class Period"). The class action lawsuit was filed in the United States District Court for the Northern District of Illinois.

The Complaint alleges that the defendants violated federal securities laws by issuing material misrepresentations to the market concerning Anixter`s business and prospects, thereby artificially inflating the price of Anixter securities.

No class has yet been certified in the above action. Until a class is certified, you are not represented by counsel unless you retain one. If you purchased Anixter International, Inc. common stock between January 29, 2008 and October 20, 2008, you have certain rights, and have until November 10, 2009, to move for Lead Plaintiff status. 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, 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, by email to howardsmith@howardsmithlaw.com or visit our website at
Law Offices of Howard G. Smith.

That's nice but I am out all my earnings and when will that comeback? Do these suits class ever really help?