Olympus Sues CEO, Former Board Members
Olympus, embattled in an accounting scandal the size of which is still not known, filed suit against its current CEO and former board members The Japanese company will try to get back $50 million in compensation. A total of 18 people…
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Olympus, embattled in an accounting scandal the size of which is still not known, filed suit against its current CEO and former board members The Japanese company will try to get back $50 million in compensation. A total of 18 people have been named in the legal actions.
The decision to file suits hardly help the overall problem at Olympus. It must still deal with losses and the chance that its shares will be delisted
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