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mod mom Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-12-06 01:55 PM
Response to Reply #7
8. Here is another:
Scott+Scott, LLC to File Lead Plaintiff Motion in Class Against Diebold This Monday
Saturday, February 11, 2006, Finanzen.net

Excerpt from the article:

COLCHESTER, Conn., Feb. 11 /PRNewswire/ — Scott+Scott, LLC (http://www.scott-scott.com /), which initiated on December 13, 2005 the first securities fraud class action against Diebold, Inc. ("Diebold" or the "Company") and certain of its officers and directors, will file a Motion for Lead Plaintiff and Lead Counsel this Monday, February 13, 2006.
According to the complaint, Diebold "remained unable to assure the quality and working order of its voting machine products."

"It is further alleged that the Company's false and misleading statements served to conceal the dimensions and scope of internal problems at the Company . . culminating in false representations of astonishingly low and incredibly inaccurate restructuring charges for the 2005 fiscal year . . ."

"The complaint also alleges over $2.7 million of insider trading proceeds obtained by individual defendants during the Class Period."

The action is pending in the United States District Court for the Northern District of Ohio (No. 05CV2873). The Class is defined in the complaint drafted by Scott+Scott as those who purchased Diebold securities between October 22, 2003, and September 21, 2005, inclusive (the "Class Period").

http://finanzen.net/news/news_detail.asp?NewsNr=372236
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  -Pressure on Diebold and the Stolen 04 Election on Daily Kos mod mom  Feb-12-06 11:48 AM   #0 
  - I totally agree...  TwoSparkles   Feb-12-06 11:58 AM   #1 
  - How Do I Rate Something on D-Kos?  stepnw1f   Feb-12-06 12:01 PM   #2 
  - You need to be a registered user at dailykos to recommend  blue cat   Feb-12-06 05:04 PM   #9 
  - Kick, Recommended..nt  kster   Feb-12-06 12:53 PM   #3 
  - If it's not there already, PLEASE someone drop FA  sfexpat2000   Feb-12-06 01:09 PM   #4 
  - off to greatest! n/t  Melissa G   Feb-12-06 01:19 PM   #5 
  - Someone with posting privileges, please add this  GuvWurld   Feb-12-06 01:35 PM   #6 
  - We need to get an onslaught of Diebold stories to the media:  mod mom   Feb-12-06 01:54 PM   #7 
  - Here is another:  mod mom   Feb-12-06 01:55 PM   #8 
  - Done!  RedOnce   Feb-12-06 05:04 PM   #10 
  - K&R n/t  Wilms   Feb-13-06 04:00 AM   #11 
 

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