#United States #New York #Class Action #Monteverde Associates #ODP Corporation

Class Action Lawsuit Filed by Monteverde & Associates

In a significant legal move, Monteverde & Associates PC, known as the M&A Firm, has initiated a class action lawsuit on behalf of former shareholders of The ODP Corporation. This lawsuit was filed in the United States District Court for the Southern District of Florida on August 19, 2026, under the case title Zappia v. The ODP Corporation, Inc. et al. (Case No. 926-cv-81028-AMC).

The lawsuit centers around claims made by a group of individuals and entities who held common stock of ODP as of October 21, 2025, and maintained their shares until December 10, 2025. These stakeholders assert that the acquisition of ODP by Atlas Holdings LLC was conducted at an unfair price, thereby violating provisions under the Securities Exchange Act of 1934.

The primary legal assertions are framed under Sections 14(a) and 20(a) of the Act, alongside SEC Rule 14a-9. These sections pertain to proxy solicitations and the issuance of misleading statements that can adversely affect shareholders. The claims highlight concerns that shareholders may not have been fully informed about the ramifications of the acquisition and the pricing strategies employed.

Juan Monteverde, the lead attorney at the firm, has made himself available for discussion concerning this case. Interested parties wishing to serve as lead plaintiffs are advised to apply by November 3, 2026. Any member of the proposed Class can move to serve as lead plaintiff through their chosen counsel or can remain an absent member of the class.

Background of ODP Corporation

The ODP Corporation is widely recognized for its commercial product offerings that encompass various sectors, including office supplies, technology products, and business services. The company's acquisition by Atlas Holdings has raised significant eyebrows within the investor community, sparking questions regarding the integrity of these practices in light of their impact on shareholders.

Monteverde & Associates PC, with its headquarters located in the iconic Empire State Building, operates as a national class action securities firm. The firm prides itself on a successful history in both trial and appellate courts, including notable appearances in the U.S. Supreme Court.

Juan Monteverde emphasizes that no entity—be it a corporation, director, or officer—is above the law, and it is crucial for shareholders to understand their rights within the legal framework.

Since its inception, the firm has advocated for shareholder rights vigorously, diligently pursuing justice and compensation for individuals impacted by corporate misconduct. This lawsuit represents a significant step towards holding the involved parties accountable for their actions.

What Actions Can Shareholders Take?

Former shareholders of ODP Corporation are encouraged to contact Monteverde & Associates for more details. The firm assures that consultations are free of charge, with no financial obligation imposed on the individuals seeking clarity on their situation.

Individuals can get in touch with Juan Monteverde, Esq. directly through email or phone to discuss the potential for participating in the lawsuit or to simply gather more information.

Contact Information:
Juan Monteverde, Esq.
Monteverde & Associates PC
The Empire State Building
350 Fifth Ave, Suite 4740
New York, NY 10118, USA
Email: [email protected]
Tel: (212) 971-1341

As this case unfolds, it highlights an important aspect of corporate governance and investor protections, underscoring the necessity for transparency in business transactions and the ongoing quest for justice within the financial landscape.