NORTH CANTON, Ohio,
July 2, 2019 /PRNewswire/ --
Diebold Nixdorf (NYSE: DBD)
understands that a plaintiffs' law firm has filed a putative
federal securities class action complaint against the company and
two former officers relating to the company's pre-earnings
announcement dated July 5, 2017. In
that announcement, Diebold Nixdorf
adjusted its full-year 2017 financial outlook. This pre-earnings
announcement came just days after the end of the second quarter
2017, and in advance of the company's scheduled second quarter
earnings release on July 19,
2017. Diebold Nixdorf intends
to vigorously defend these claims, as the company believes they are
without merit. The company denies any liability.
Forward-looking Statements
This press release
contains certain "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995. The use
of the words "believes," "anticipates," "expects," "intends" and
similar expressions is intended to identify forward-looking
statements that have been made and may in the future be made by or
on behalf of the company. These forward-looking statements
relate to, among other things, the merits of the lawsuit and the
defenses to the allegations contained in the lawsuit.
Although the company believes that these forward-looking statements
are based upon reasonable assumptions, these forward-looking
statements involve risks, uncertainties and other factors that may
cause actual results to differ materially from those expressed in
or implied by the forward-looking statements. These risks and
uncertainties include, without limitation, the ability of the
company to successfully defend itself in any lawsuit, including the
purported class action lawsuit, and the uncertainties of
litigation. The company is not obligated to update
forward-looking statements, whether as a result of new information,
future events or otherwise. Readers are cautioned not to
place undue reliance on these forward-looking statements, which
speak only as of the date hereof.
About Diebold Nixdorf
Diebold Nixdorf, Incorporated is a
world leader in enabling connected commerce. We automate, digitize
and transform the way people bank and shop. As a partner to the
majority of the world's top 100 financial institutions and top 25
global retailers, our integrated solutions connect digital and
physical channels conveniently, securely and efficiently for
millions of consumers each day. The company has a presence in more
than 100 countries with approximately 23,000 employees worldwide.
Visit www.DieboldNixdorf.com for more information.
Twitter: @DieboldNixdorf
LinkedIn: www.linkedin.com/company/diebold
Facebook: www.facebook.com/DieboldNixdorf
YouTube: www.youtube.com/dieboldnixdorf
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SOURCE Diebold Nixdorf