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In re: Diebold ERISA Litigation
Case Number:
5:06-cv-00170
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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August 26, 2010
Diebold Settles ERISA Claims For $4.5M
ATM manufacturer Diebold Inc. has reached a $4.5 million deal with over 6,000 participants in its 401(k) plan to resolve their claims that the company and its top executives issued misleading statements and mismanaged its employees’ retirement benefits.
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March 11, 2009
Class Cert. Denied In Diebold ERISA Suit
A federal judge on Wednesday denied class certification to over 6,000 former and current employees of automatic teller manufacturer Diebold Inc. who allege the company and its top executives issued misleading statements and mismanaged its employees’ retirement benefits.
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May 30, 2008
Diebold Loses Bid To Toss ERISA Class Action
Automatic teller manufacturer Diebold Inc. has lost a battle to throw out a consolidated class action accusing the company and top executives of issuing misleading statements and mismanaging its employees' retirement benefits.
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October 09, 2007
Circuit Ruling Should Kill ERISA Suit: Diebold
Automatic teller manufacturer Diebold Inc. claims that a recent appellate court ruling which rejected “artificial inflation” of securities claims should compel a court to dismiss a purported class action lawsuit which accuses the company of mismanaging employee retirement benefits.
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August 15, 2007
Diebold Asks Court To Toss ERISA Class Action
Automatic teller manufacturer Diebold Inc. asked a federal court on Tuesday to throw out a purported class action lawsuit, which alleged that the company had mismanaged its employees' retirement benefits, saying the plaintiffs' claims rested on securities law rather than employment law.