Defendant Name: Diebold, Inc.

Defendant Type: Public Company
SIC Code: 3578
CUSIP: 25365110

Initial Case Details

Legal Case Name SEC v. Diebold, Inc.
First Document Date 22-Oct-2013
Initial Filing Format Civil Proceeding
Case Number 13-cv-01609
Allegation Type Foreign Corrupt Practices Act
Federal District Court District of Columbia, District of Columbia

Violations Alleged

Exchange Act
Sec 13(b)(2)(A)
Sec 13(b)(2)(B)
Sec 30A


First Resolution Date 22-Oct-2013
Headline Total Penalty and Disgorgement

See Related Documents

Related Documents:

comp-pr2013-225 22-Oct-2013 Complaint
On October 22, 2013, the SEC filed a complaint against Diebold, Inc. alleging: "violations of the anti-bribery, books and records, and internal control provisions of the Foreign Corrupt Practices Act ('FCPA') by Diebold, Inc." According to the SEC, the violations took place "from at least 2005 through 2010."
LR-22849 22-Oct-2013 Litigation Release
SEC charges Diebold with FCPA Violations in China, Indonesia, and Russia
On October 22, 2013, the SEC announced that it "charged Diebold, Inc. ('Diebold'), an Ohio corporation that is a global provider of ATMs and bank security systems, with violations of the Foreign Corrupt Practices Act ('FCPA') for lavishing international leisure trips, entertainment, and other improper gifts on foreign officials to obtain and retain lucrative business with government owned banks in China and Indonesia, and for paying other bribes in connection with the sale of ATMs to private banks in Russia." According to the SEC: "Diebold has agreed to consent to a final judgment that permanently enjoins the company from future violations of these provisions, orders Diebold to pay $22,972,942 in disgorgement and prejudgment interest, and requires the appointment of an independent compliance monitor. In a parallel criminal proceeding, Diebold has agreed to pay a $25.2 million criminal fine as part of a deferred prosecution agreement with the U.S. Department of Justice."
2013-225 22-Oct-2013 Press Release--Civil Action
SEC Charges Diebold With FCPA Violations
On October 22, 2013, the SEC charged Ohio Diebold with violating the Foreign Corrupt Practices Act by bribing officials at government-owned banks with "pleasure trips" in order to illicitly win business in China, Indonesia, and Russia. Diebold has agreed to settle the charges for a total of $48 million and to resolve a parallel criminal matter announced by the Department of Justice on the same day.
court_doc2_13-cv-01609 05-Nov-2013 Court Docket Document
Final Judgment as to Defendant Diebold, Inc.
On November 5, 2013, Federal District Judge Amy Berman Jackson entered final judgment against Diebold, Inc. pursuant to the consent of Diebold, Inc.