(Reuters) - A top executive of Japan's scandal-ridden Olympus Corp has been found dead in a park outside New Delhi, an apparent suicide, The Times of India said on Tuesday, quoting police.
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Top Olympus executive found dead in India park: report
Posted by cagan 95 days ago (http://www.reuters.com)
Exclusive: Banker in Olympus scandal steps into public view
Posted by cagan 133 days ago (http://www.reuters.com)
DELRAY BEACH, Florida (Reuters) - A Japanese banker who is a key figure in the Olympus accounting fraud came into public view for the first time since the scandal broke, appearing on Friday at his divorce hearing in a Florida court.
Olympus sues execs over scandal, shares surge on M&A hopes
Posted by cagan 137 days ago (http://www.reuters.com)
TOKYO (Reuters) - Japan's disgraced Olympus Corp is suing 19 current and former executives, including its current president, for up to almost $50 million in compensation, as it struggles to recover from one of the nation's worst accounting scandals.
Olympus eyes $1.2 billion suit, president may resign
Posted by cagan 139 days ago (http://www.reuters.com)
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.
Woodford to sue Olympus for unfair dismissal
Posted by cagan 141 days ago (http://www.reuters.com)
TOKYO (Reuters) - The ousted British CEO of Olympus Corp, who blew the whistle on a $1.7 billion accounting fraud, dropped his bid to return to the medical device maker, blaming cozy ties between its scandal-tainted management and big Japanese shareholders and saying the saga had taken its toll on his family.
Prosecutors raid Olympus over accounting scandal
Posted by cagan 157 days ago (http://www.reuters.com)
TOKYO (Reuters) - Japanese prosecutors raided offices of Olympus Corp and the home of a former executive on Wednesday in a probe into a $1.7 billion accounting scandal that has threatened the survival of the once-proud camera and medical equipment maker.
Olympus aims to tap Sony, others for $1.3 billion in new capital
Posted by cagan 158 days ago (http://www.reuters.com)
(Reuters) - Olympus Corp is preparing to issue about $1.28 billion (100 billion yen) in new shares with Japanese high-tech stalwarts Sony and Fujifilm seen as likely buyers as it tries to bolster its depleted finances, the Nikkei business daily reported.
Olympus offices to be raided this week: report
Posted by cagan 160 days ago (http://www.reuters.com)
TOKYO (Reuters) - Tokyo police, prosecutors and the securities watchdog will likely launch a raid on the offices of disgraced Olympus Corp this week on suspicion the company falsified financial accounts, Kyodo News has reported, citing investigative sources.
Olympus tells lenders cash crunch looms: report
Posted by cagan 161 days ago (http://www.reuters.com)
TOKYO (Reuters) - Japan's disgraced Olympus Corp, whose balance sheet took a massive hit after it admitted to a long-running accounting cover-up, told lenders its cash and deposits could run out in 2015, a newspaper reported on Saturday.
Olympus open to rehiring ex-CEO Woodford but skepticism reigns
Posted by cagan 163 days ago (http://www.reuters.com)
TOKYO (Reuters) - Japan's disgraced Olympus Corp said Thursday it would consider reinstating its sacked CEO, Michael Woodford, but the gesture failed to erase doubts that it would ever rehire the foreigner who blew the whistle on its crooked accounts.
Olympus Delisting Decision Could Go Either Way
Posted by kagan 164 days ago (http://www.nytimes.com)
Facing its removal as a company that is listed and traded on the Tokyo Stock Exchange, which could lead to its dismantling and sale, Olympus restated its accounts on Wednesday.
Olympus board signals may quit by late-February
Posted by cagan 171 days ago (http://www.reuters.com)
TOKYO (Reuters) - The entire board of Japan's Olympus Corp signaled its plans to quit, maybe as early as February, over a $1.7 billion accounting fraud, and set up an outside committee to advise whether to sue those responsible for the scandal.
Japan reconsiders boardroom rules amid Olympus scandal
Posted by cagan 182 days ago (http://www.reuters.com)
TOKYO (Reuters) - A Japanese government panel will propose mandatory appointments of outside directors on boards of large firms in the hope of averting the kind of accounting scandal that has engulfed Olympus Corp.
Olympus ex-CEO Woodford says willing but not begging to return
Posted by cagan 183 days ago (http://www.reuters.com)
TOKYO (Reuters) - The British ex-CEO of Japan's Olympus Corp emerged from a frosty meeting of directors on Friday, convinced its board would eventually quit over an accounting scandal engulfing the firm, but he said he wasn't "begging" to return and clean up the mess.
Michael Woodford Would Like a Chance to Redeem Olympus
Posted by kagan 184 days ago (http://www.nytimes.com)
Michael Woodford, the former chief executive of Olympus, plans to return for a board meeting, and he said he would offer to return to the company as president.
Olympus likely to miss reporting deadline; delisting seen
Posted by cagan 198 days ago (http://www.reuters.com)
TOKYO (Reuters) - Japan's scandal-hit Olympus Corp is likely to miss a Monday deadline for reporting its first-half earnings, sources with knowledge of the matter said, a failure that would bring the 92-year-old firm a step closer to delisting.
At Olympus, Scandal and Rising Calls for a Purge
Posted by kagan 199 days ago (http://www.nytimes.com)
As the company struggled to contain a scandal over payments made to cover losses on investments on Wednesday, its stock fell 20 percent in early trading.
Olympus admits it hid losses for decades
Posted by cagan 200 days ago (http://www.reuters.com)
TOKYO (Reuters) - Japan's Olympus admitted on Tuesday it hid losses on securities investments dating back to the 1980s, succumbing to weeks of pressure to explain a series of baffling transactions that have put the future of the firm in doubt.
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