A class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of shareholders of Avon Products, Inc. (NYSE: AVP) who either (1) held Avon stock at the close of business of March 17, 2011, March 17, 2010, March 18, 2009, March 14, 2008 or March 15, 2007 and were therefore eligible to vote proxies or (2) purchased or otherwise acquired Avon’s common stock from July 31, 2006 through and including May 24, 2011 (the “Class Period”). The complaint charges defendants with misleading investors as to the size and scope of potential violations of the Foreign Corrupt Practices Act. The action seeks to recover losses for investors and relief regarding voting on annual proxy statements which are alleged to have been misleading.

According to a May 4, 2011 article in the Wall Street Journal, Avon’s internal investigation revealed that, since 2004, the Company may have made millions of dollars in improper payments to government officials of foreign countries, including Brazil, Mexico, Argentina, India and Japan. According to the report, these developments were the latest to come out of a probe that began in June 2008 looking into the Company’s possible violations of the Foreign Corrupt Practices Act, which makes it illegal to bribe foreign officials. After this news was released, the Company’s share price dropped 5.3% to close at $28.71 per share on May 5, 2011.

If you are a current shareholder and purchased during the period July 31, 2006 through and including May 24, 2011, and would like to discuss your options of exercising your rights as a shareholder, please contact us.

Please submit the following information so we can determine if you qualify for the suit. If you don't know all the specific details, partial information is also acceptable.