SEC probe leads to fraud charges for former Diebold execs

06/2/2010 |

Diebold, a manufacturer of ATMs and voting machines, will pay $25 million in a settlement with the Securities and Exchange Commission following charges of accounting fraud by three former employees. The case stems from allegations that two of the firm's former CFOs and a former deputy of corporate accounting skewed earnings reports to keep their numbers from falling below analysts' forecasts.

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