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Browse: Home / 2011 / November / 10 / Why There Aren’t Any Investor Lawsuits Yet Over the Olympus Accounting Scandal

Why There Aren’t Any Investor Lawsuits Yet Over the Olympus Accounting Scandal

By Securities Docket on November 10, 2011, 12:11 pm

For those of you who like me have been watching in disbelief as the accounting scandal engulfing Olympus Corp. has slowly unfolded like a slow-motion train wreck, I am sure you have many questions, but one that occurs to me in particular to ask is – why haven’t there been any lawsuits yet? After all, the company has lost over 70% of its market capitalization value (representing more than $6.4 billion) since the scandal first came to light in mid-October.

Read more: Why There Aren’t Any Investor Lawsuits Yet Over the Olympus Accounting Scandal — D&O Diary

Posted in Class Actions | Tagged Financial Fraud

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