8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): January 29, 2008

OMNICOM GROUP INC.
(Exact Name of Registrant as Specified in Charter)

New York
(State or Other Jurisdiction of Incorporation)  333-132625
(Commission File Number)  13-1514814
(IRS Employer Identification No.)

437 Madison Avenue, New York, NY	10022
(Address of Principal Executive Offices)	(Zip Code)

Registrants’ telephone number, including area code: (212) 415-3600

Not Applicable
(Former Name or Former Address, if Changed Since Last Report)

        Check the appropriate box if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.):

 Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 Pre-commencement communications pursuant to Rule 13c under the Exchange Act

  Item 7.01 Regulation FD Disclosure.

On January 29, 2008, Omnicom Group Inc. (the “Company”) announced that the Federal Court presiding over In re Omnicom Group Inc. Securities Litigation, 02 CV 4483 (S.D.N.Y.), granted the Company’s motion for summary judgment, rejected plaintiffs’ claim for securities fraud in its entirety, and directed the Clerk of the Court to “close the case.”

A copy of the press release announcing the summary judgment is furnished herewith as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

        (d) Exhibits.

        The following is furnished herewith:

Exhibit Number	Description
99.1	Press Release dated January 29, 2008 (furnished, not “filed,” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended)

 

SIGNATURES

        Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Omnicom Group Inc.
Date: January 30, 2008
	By:	/s/ Michael J. O’Brien
	Name:	Michael J. O’Brien
	Title:	Senior Vice President And General Counsel

 

EXHIBIT INDEX

Exhibit Number	Description
99.1	Press Release dated January 29, 2008 (furnished, not “filed,” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended)

EX-99.1

Exhibit 99.1

FOR IMMEDIATE RELEASE

Court Dismisses Omnicom Shareholder Lawsuit

New York, New York, January 29, 2008 – Omnicom Group Inc. (OMC) today announced that the Federal Court presiding over In re Omnicom Group Inc. Securities Litigation, 02 CV 4483 (S.D.N.Y.), granted Omnicom’s motion for summary judgment, rejecting plaintiffs’ claim for securities fraud in its entirety and directing the Clerk of the Court to “close the case.”

Today’s decision, which comes after years of discovery, held that plaintiffs lacked evidence of a central element of their claim – the element of “loss causation.” After analyzing the evidence, the Court concluded that it “is not persuaded that Plaintiffs have presented facts sufficient to support” their claim, and that “there is simply no way for a juror to determine whether the alleged fraud caused any portion of Plaintiffs’ loss.”

“We are extremely pleased with the Court’s decision,” said Michael J. O’Brien, Omnicom’s senior vice president and general counsel. “We defended this case vigorously for more than five years,” he said, “because we have always believed strongly that plaintiffs’ allegations were baseless, and it is gratifying now to have the Court dismiss the case.”

Omnicom Group Inc. (NYSE: OMC) (www.omnicomgroup.com). Omnicom is a leading global advertising, marketing and corporate communications company. Omnicom’s branded networks and numerous specialty firms provide advertising, strategic media planning and buying, digital and interactive marketing, direct and promotional marketing, public relations and other specialty communications services to over 5,000 clients in more than 100 countries.

Contact:	Pat Sloan
	212-415-2109