The Shareholders Foundation announces that an investigation on behalf of current long-term investors in shares of Diebold Inc (NYSE:DBD) shares is ongoing concerning potential breaches of fiduciary duties by certain officers and directors at Diebold Inc.
Investors who purchased shares of Diebold Inc (NYSE:DBD) and currently hold any of those Diebold Inc (NYSE:DBD shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The investigation by a law firm concerns whether certain Diebold officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Diebold Incorporated agreed to pay more than $48 million in penalties and restitution in connection with Federal investigations by the SEC and Department of Justice over alleged bribes in China, Indonesia and Russia.
Diebold Incorporated reported that its annual Total Revenue declined from over $2.99 billion in 2012 to over $2.85 billion in 2013 and that its Net Income of $73.60 million in 2012 decreased to a Net loss of $181.60 million in 2013.
On November 14, 2014, NYSE:DBD shares closed at $35 per share.
Those who purchased shares of Diebold Inc have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com