Thursday, December 08, 2005
12-7-05: Diebold stockholder suit - here's some ammo
Two recent stories indicate that a Diebold stockholder lawsuit is imminent. When a stock drops significantly and cannot rebound for approximately two months, a stockholder lawsuit can result.
Diebold's first "hit" was in late June this year, when the company admitted to mis-stating ATM sales revenues in a stockholder conference call. Diebold's stock dropped again in late September upon the release of a glum sales forecast based on additional problems with its ATM division.
An impending stockholder's lawsuit was predicted by Black Box Voting on July 3, with a full blown story on this topi... More
Posted by Digger at 10:06 AM