Reuters: Another Olympus lawsuit

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Reuters: Another Olympus lawsuit
6 months ago

"TOKYO, April 9 (Reuters) - Olympus Corp on Wednesday said six Japanese trust banks have filed a lawsuit against the endoscope maker seeking 27.9 billion yen ($273 million) for damages relating to a $1.7 billion accounting scandal in 2011."

"Damages from the scandal continue to weigh on Olympus, with the announcement marking the fifth lawsuit it has publicly recognised. The company says that nearly 20 cases have been submitted to courts seeking a total of 85.6 billion yen."

http://www.reuters.com/article/2014/04/09/olympus-lawsuit-idUSL3N0N10XO20140409

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