Diebold Nixdorf, Incorporated Securities Litigation

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Lawsuit Overview

Defendant:Diebold Nixdorf Incorporated
Date Filed:July 2nd, 2019
Sector:Miscellaneous
Industry:Office Equipment/Supplies/Services
Class Start Date:February 14th, 2017
Class End Date:July 4th, 2017

According to the Complaint, Diebold provides connected commerce services, software and technology to enable millions of transactions each day.

The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operational and compliance policies. Specifically, the Complaint alleges Defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company was experiencing delays in systems rollouts as well as a longer customer decision-making process and order-to-revenue conversion cycle; (ii) the foregoing issues were negatively impacting the Company's services business and operations; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

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First Identified Complaint

Selwyn Karp, et al. v. Diebold Nixdorf, Incorporated, et al.

Date Filed:July 2nd, 2019
Class Period Start:May 4th, 2017
Class Period End:July 4th, 2017
First Identified Complaint Filings
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