Toshiba Faces Fines For Accounting Scandal
After Toshiba began legal action against five former employees (Toshiba Sues Former Executives), fifty individual shareholders have sued the Japanese company. They are seeking almost ¥302 million ($2.5 million) in damages, following the firm’s accounting problems (Toshiba CEO Resigns Over Accounting Scandal). The shareholders are also bringing the suit to bear against five executives: three … Read more