U.K. prosecutors started a formal probe into accounting irregularities at Olympus Corp. after the company said last week that three executives colluded to hide losses from investors, a person familiar with the case said. Britain’s Serious Fraud Office, which prosecutes white- collar crime, will work with the U.S. Justice Department and Japanese authorities, said the person, who wasn’t authorized to speak about the case and declined to be identified.
‘Enforcement 40’ for 2020
Join Us On LinkedIn
Join the Securities Litigation and Enforcement Group on LinkedIn