Diebold Troubles

Here are some recent developments involving Diebold:

Hacking
Wed. December 14, 2005:
Due to contractual non-performance and security design issues, Leon County (Florida) supervisor of elections Ion Sancho has announced that he will never again use Diebold in an election. He has requested funds to replace the Diebold system from the county. On Tuesday, the most serious “hack” demonstration to date took place in Leon County. The Diebold machines succumbed quickly to alteration of the votes. Read more at BlackBoxVoting

Resignation
Diebold Inc. said Monday that Chairman and Chief Executive Walden W. O'Dell has resigned "for personal reasons." Read more at CorpWatch

Investor Lawsuit
A Securities Fraud Class Action suit has been filed against Diebold, Inc. naming eight top executive officers in the company as co-defendants. The suit has been filed by plaintiff Janice Konkol, alleging securities fraud against the North Canton, Ohio-based manufacturer of Voting Systems and ATM machines on behalf of investors who owned shares of Diebold stock and lost money due to an alleged fraudulent scheme by the company and its executives to deceive shareholders. Read more at the BradBlog