Defendant Name:
Diebold, Inc.
Defendant Type:
Public Company
Document Reference:
2013-225
Document Details
Legal Case Name
SEC v. Diebold, Inc.
Document Name
SEC Charges Diebold With FCPA Violations
Document Date
22-Oct-2013
Document Format
Civil Proceeding
Allegation Type
Foreign Corrupt Practices Act
Document Summary
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.
Disgorgement & Penalty Information
Resolutions
Enjoinment
Compliance Related Independent Consultant