Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Products
Diebold CFO others notified of possible SEC action
NORTH CANTON, Ohio (3/26/09)--ATM manufacturer Diebold announced Wednesday that the Securities and Exchange Commission (SEC) has notified the company of possible action to address its previously restated financial statements. Diebold is cooperating with the SEC regarding the matter and could enter into a settlement agreement, the company said in a release. Kevin Krakora, Diebold executive vice president and chief financial officer (CFO), and other employees received a Wells notice from the SEC. In the notice, the SEC indicated that Diebold may have violated provisions of federal securities laws. After receiving the notice, Krakora stepped down from his role as CFO and is serving Diebold in a non-financial reporting capacity until the matter is resolved. Leslie A. Pierce, vice president and corporate controller, will take his place for the time being, Diebold said.
Other Resources

RSS





print
News Now LiveWire
Better economic & #CU conditions,leading to higher rates in '15,'16, will boost CU earnings, asset quality,capital http://t.co/rmJvi3MIpQ
13 minutes ago
RT @CUNA: Today is the first day of #CUYouthMonth How is your #creditunion celebrating?
4 hours ago
New @FICO score metric expected this week, will include utility payments http://t.co/l0hGhilMqQ
5 hours ago
.@TheNCUA increased supplier diversity in 2014 by 49%, although NCUA’s workforce diversity levels declined slightly.
5 hours ago
Also from FFIEC today, council announces reappointments of Mary Hughes and Lauren Kingry to its State Liaison Committee. 2of2
5 hours ago