Japan

Olympus Case Raises Litigation Stakes in Japan

, The Asian Lawyer

   | 0 Comments

The Japanese electronics company is now facing some 20 lawsuits over its 2011 accounting fraud scandal, in which executives admitted concealing losses over a period of 13 years. The $851 million in damages sought represents something of a milestone in litigation-averse Japan, though obstacles remain to further large-scale cases.

What's being said

Comments are not moderated. To report offensive comments, click here.

Preparing comment abuse report for Article# 1202655814695

Thank you!

This article's comments will be reviewed.