Former Diebold Accountant Dropped From Investor Suit

Law360, New York (November 1, 2012, 8:57 PM EDT) -- An Ohio federal judge on Thursday dismissed a former top accountant at Diebold Inc. from a putative securities class action that claims the ATM security company misstated its earnings by as much as $127 million.

The investors behind the lawsuit say that former Diebold Director of Corporate Accounting Sandra Miller should be dropped as a defendant. She was a subordinate of two other Diebold officers that allegedly directed the fraud, former Chief Financial Officer Gregory Geswein and former controller and later CFO Kevin Krakora, they said....
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