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Diebold, Incorporated
Class Action Shareholder Lawsuit Against Diebold Dismissed
September 20th, 2008
As previously disclosed on December 16, 2005, five shareholder lawsuits were filed against Diebold, Incorporated and certain current and former officers and directors, alleging violations of federal securities laws. These cases were consolidated into a single proceeding in the U.S. District Court for the Northern District of Ohio. On August 22, 2008, the court granted the company's motion to dismiss the consolidated cases, and entered a judgment in favor of Diebold and the other defendants, dismissing the complaint with prejudice. A separate class action suit against Diebold and certain current and former officers and directors filed by participants in the company's...
Source: Law & Health Weekly (2008-09-20)
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