Foreign investors sue Toshiba over accounting scandal

Foreign investors sue Toshiba over accounting scandal
 

Toshiba Corp (6502.T) said on Thursday a group of foreign institutional investors had filed a lawsuit against the Tokyo-based company demanding compensation over its accounting scandal.
The company said 45 shareholders were seeking compensation of about 16.7 billion yen ($162.29 million) over the inappropriate accounting.
($1 = 102.9000 yen)
(Reporting by Junko Fujita; Editing by Stephen Coates)
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13 October 2016 in Business, Views: 94
Source: Reuters
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