The New York law firm of Wechsler Harwood LLP today announced that it has commenced an investigation into Diebold, Inc. ("Diebold" or the "Company") (NYSE:DBD) for violations of the Employee Retirement Income Security Act of 1974 ("ERISA") in relation to its handling of investments in the Diebold, Incorporated 401(k) Savings Plan (the "Plan") citing (a) negligently misrepresenting and negligently failing to disclose material facts to the Plan and the Plan participants in connection with the management of the Plan's assets; (b) failing to properly monitor Plan fiduciaries; and (c) negligently permitting the Plan to purchase and hold Diebold stock when it was imprudent to do so. |
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At www.chron.com
OpedNews volunteer from 2005 to 2013.
Amanda Lang was a wonderful member of the Opednews team, and the first volunteer editor, for a good number of years being a senior editor. She passed away summer 2014.