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Ziolkowski v. Diebold,
Inc., Walden W. O'Dell, Eric C. Evans and Gregory T. Geswein.
Diebold Case Summary
Shareholders' Class Action for Securities Fraud brought
on behalf of persons who purchased or otherwise acquired
shares of Diebold, Incorporated. (NYSE:DBD) common stock
in the open market in the period between 10/22/03 and 9/20/05.
The complaint charges that Diebold and certain of its officers
and directors with violations of the Securities Exchange
Act of 1934. Diebold is primarily engaged in the manufacture,
sale, installation and service of automated self-service
transaction systems, electronic and physical security products,
election system and software. The complaint alleges that
during the Class Period, defendants issued false statements
about the Company's business, products, financial results
and prospects causing the company's stock to trade at artificially
inflated levels. Then on September 21, 2005, before the
market opened, the Company announced it was "lowering
its third quarter and full-year earnings per share guidance
for 2005." Upon release of this news, the stock collapsed
to $32.27 per share. Diebolds CEO and Chairman has since
resigned from the Company.
Fill Out A Diebold, Inc. Certification
Form to Be Part of The Class
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2005,The Landskroner Law Firm, LTD. All Text and Site Design,
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