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Olympus eyes $1.2 billion suit, president may resign

By: Yossel in NUTS & BOLTS | Recommend this post (0)
Sun, 08 Jan 12 9:03 PM | 96 view(s)
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Olympus eyes $1.2 billion suit, president may resign

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Olympus Corp President Shuichi Takayama speaks at a news conference in Tokyo December 15, 2011.

TOKYO (Reuters) - Scandal-tainted Olympus Corp is considering suing current and former executives for compensation totaling about 90 billion yen ($1.2 billion), while its new president is considering resigning, a source familiar with the matter said.


Credit: Reuters/Kim Kyung-Hoon

TOKYO
Sun Jan 8, 2012 12:14am EST

link-
http://www.reuters.com/article/2012/01/08/us-olympus-idUSTRE80523J20120108




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