INVESTOR ALERT: Kirby McInerney LLP Announces Investigation of Shareholder Claims Against Diebold Nixdorf, Incorporated
June 25 2019 - 8:00PM
Business Wire
The law firm of Kirby McInerney LLP is investigating potential
claims against Diebold Nixdorf, Incorporated (“Diebold Nixdorf” or
the “Company”) (NYSE: DBD). This investigation concerns whether
Diebold Nixdorf has violated federal securities laws and/or engaged
in other unlawful business practices.
On July 5, 2017, Diebold Nixdorf disclosed that the Company
expected a wider net loss than indicated in its prior guidance for
fiscal 2017, from a range of $50 to $75 million to a range of $110
to $125 million net loss. The Company attributed the lowered
expectations to a delay in systems rollouts as well as a longer
customer decision-making process and order-to-revenue conversion
cycle.
Following this news, Diebold Nixdorf’s stock price fell $6.28
per share, or nearly 23%, to close at $21.20 on July 5, 2017.
If you acquired Diebold Nixdorf securities, have information, or
would like to learn more about these claims, please contact Thomas
W. Elrod of Kirby McInerney LLP at 212-371-6600, by email at
investigations@kmllp.com, or by filling out this contact form, to
discuss your rights or interests with respect to these matters
without any cost to you.
Kirby McInerney LLP is a New York-based plaintiffs’ law firm
concentrating in securities, antitrust, and whistleblower
litigation. The firm’s efforts on behalf of shareholders in
securities litigation have resulted in recoveries totaling billions
of dollars. Additional information about the firm can be found at
Kirby McInerney LLP’s website: www.kmllp.com.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: https://www.businesswire.com/news/home/20190625006046/en/
Kirby McInerney LLP Thomas W. Elrod, Esq., (212) 371-6600
investigations@kmllp.com www.kmllp.com
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