Saturday May 26, 2012

JAPAN NEWS AND DISCUSSION

Olympus investor files suit in U.S. court

Crime Nov. 26, 2011 - 06:16AM JST ( 9 )

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9 Comments

-1

NetNinjaNov. 26, 2011 - 08:30AM JST

Sue em!!!

Sue em,Sue em, Sue em, Sue em, Sue em!!!!!!

Oh HAPPY DAY!!!!
2

sillygirlNov. 26, 2011 - 09:18AM JST

let`s see more of this and clean up japan!! BTW i love japan. if japan wants to be taken seriously they need to clean up their act.
0

seesaw1Nov. 26, 2011 - 05:16PM JST

I love Japan too.... I bet the cleaning up process will more than another Century....
2

gaijinTechieNov. 26, 2011 - 10:40PM JST

I also have chosen Japan. Therefore it IS my place to claim: time to clean up the neighbourhood and take out the trash!
-1

herefornowNov. 27, 2011 - 12:24AM JST

And the reality of being an "international" company is finally going to hit Olympus and lots of other Japanese board rooms. Real shareholders with legal rights, and the FBI and UK authorities probing their businesses. Japan Inc. is either going to have to make radical changes, or die an ugly death. They have ignored corporate governance/fiduciary responsibility as long as they can.
0

smithinjapanNov. 27, 2011 - 03:55PM JST

And let it begin.
0

ebisenNov. 28, 2011 - 07:14AM JST

Netninja, yes, and then sure them some more. Right now, olympus shares are barely worth the paper they are printed on...

I can't help but wonder who was auditing them from the government during those years. Auditors were probably heavily bribed and are just as guilty.
-1

Hide SuzukiNov. 28, 2011 - 02:56PM JST

Here we go again, typical lawsuit happy Americans. I should spill some coffee on myself and sue McDonald too, oh wait, someone has done that already
0

Ivan CoughanoffalotNov. 29, 2011 - 06:30PM JST

I can't help but wonder who was auditing them from the government during those years

If it was anything like the bureaucrats I've taught, they wouldn't recognise fraud if it was delivered to their desk in a bag marked "Fraud".