News Forum

Toshiba sues ex-execs after accounting scandal

 
 



Go Back   News Forum > Top Stories > Breaking News
Breaking News Forum Toshiba sues ex-execs after accounting scandal at News Forum - Toshiba said on Saturday it sued five former executives for damages over their alleged roles in a huge accounting scandal, ...

Reply
 
LinkBack Thread Tools Display Modes
Old 11-07-2015, 02:09 AM   #1
Senior Member
 
NF Reporter's Avatar
 
Join Date: Nov 2006
Posts: 66,765
Default Toshiba sues ex-execs after accounting scandal

Toshiba said on Saturday it sued five former executives for damages over their alleged roles in a huge accounting scandal, as it announced a deep six month operating loss. The announcement came as the 140-year-old company attempts to restore its reputation following a billion-dollar profit-padding scandal, stemming from top executives pressuring underlings to systematically inflate financial figures for years. Following a probe by a company-hired panel of experts, Toshiba said it was demanding the men, including three former presidents, pay a combined 300 million yen or $2.4 million.




Toshiba sues ex-execs after accounting scandal
NF Reporter is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Toshiba CEO quits over accounting scandal NF Reporter Technology 0 07-21-2015 08:53 AM
Regulators to seek penalty on Toshiba for false accounting: Nikkei NF Reporter Technology 0 07-18-2015 06:58 AM
Toshiba CEO to quit in accounting scandal: sources NF Reporter Technology 0 07-15-2015 10:43 AM
Fannie Mae to answer questions on accounting NF Reporter Business 6 04-24-2014 11:45 PM
Theeraporn Accounting Department and Respectable Lawyer Infoliofe Breaking News 0 05-20-2011 10:39 AM


All times are GMT -5. The time now is 06:13 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2017, vBulletin Solutions, Inc.

SEO by vBSEO 3.2.0 ©2008, Crawlability, Inc.