Ex-Livedoor execs ordered to pay 7.6 bil. yen in compensation

Ex-Livedoor execs ordered to pay 7.6 bil. yen in compensation

TOKYO, Japan - Plaintiffs speak at a press conference after the Tokyo District Court on May 21 ordered Livedoor Co., now LDH Corp., Takafumi Horie, the founder and former president of Livedoor, and other former Livedoor executives to pay about 7.63 billion yen in compensation for stock losses they caused the company through securities law violations.

  • Product Code
  • ILEA001134136
  • Registered date
  • 2009/5/21 00:00:00
  • Credit
  • Kyodo / Kyodo News Images
  • Media source
  • 2009 Kyodo News
  • Media size
  • 1889 × 1127 pixel
  • Resolution
  • 240 dpi
  • Deployment size
  • 591.62(KB)*
  • Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos
    SMBC Nikko chief to take pay cut over insider trading

    SMBC Nikko chief to take pay cut over insider trading

    TOKYO, Japan - SMBC Nikko Securities Inc. President Eiji Watanabe (R) and other company executives bow in apology during a press conference at the Tokyo Stock Exchange on Aug. 7, 2012. The company said it will cut Watanabe's executive compensation by 30 percent for four months after a former corporate officer at the brokerage was indicted over an insider trading scandal.
      SMBC Nikko chief to take pay cut over insider trading

      SMBC Nikko chief to take pay cut over insider trading

      TOKYO, Japan - SMBC Nikko Securities Inc. President Eiji Watanabe holds a press conference at the Tokyo Stock Exchange on Aug. 7, 2012. The company said it will cut Watanabe's executive compensation by 30 percent for four months after a former corporate officer at the brokerage was indicted over an insider trading scandal.
        AstraZeneca ordered to pay damages over side-effects of Iressa

        AstraZeneca ordered to pay damages over side-effects of Iressa

        OSAKA, Japan - Hideki Shimizu (R), a plaintiff who demanded compensation over side effects caused by the lung cancer drug Iressa, speaks at a press conference in Osaka on Feb. 25, 2011, together with Akio Chikazawa, a plaintiff in a similar suit filed in Tokyo. The Osaka District Court the same day ordered the Japan unit of British drugmaker AstraZeneca PLC to pay a total of 60.5 million yen to nine out of 11 plaintiffs, including Shimizu. (Kyodo)
          Moneylender SFCG goes under with over 300 bil. yen in debts

          Moneylender SFCG goes under with over 300 bil. yen in debts

          TOKYO, Japan - SFCG Co. chairman Kenshin Oshima bows at a press conference at the Tokyo Stock Exchange on Feb. 23 in which he announced the Tokyo-based moneylender, formerly known as Shohkoh Fund Co., filed for bankruptcy protection with the Tokyo District Court after accumulating debts of more than 300 billion yen.
            High court upholds 2 1/2-yr term for Livedoor founder Horie

            High court upholds 2 1/2-yr term for Livedoor founder Horie

            TOKYO, Japan - A group of lawyers for Takafumi Horie, the founder of the Livedoor Co. group, enter the Tokyo High Court on July 25. The Court upheld a lower court ruling sentencing Horie to two years and six months in prison without suspension for his involvement in accounting fraud and other securities law breaches.
              Court orders McDonald's to pay overtime to manager

              Court orders McDonald's to pay overtime to manager

              TOKYO, Japan - Hiroshi Takano (R), manager of a McDonald's outlet in the city of Kumagaya City, Saitama Prefecutre, and his wife Kuniko attend a press conference in Tokyo on Jan. 28 after the Tokyo District Court ordered McDonald's Co. (Japan) Ltd. to pay some 7.5 million yen in overtime and compensation to him. The court acknowledged his claim that while McDonald's had appointed him to a managerial post, he was not given any authority as a manager and therefore should have been paid for overtime.
                Mugen President Honda found not guilty in tax evasion case

                Mugen President Honda found not guilty in tax evasion case

                SAITAMA, Japan - Hirotoshi Honda, president of racing car engine maker Mugen Co., smiles during a news conference in Saitama on May 25 after the Saitama District Court cleared the president of charges that he evaded 1 billion yen in corporate tax.
                  Shareholders to launch damages suit against Livedoor in late May

                  Shareholders to launch damages suit against Livedoor in late May

                  TOKYO, Japn - Three lawyers representing some 1,000 shareholders in Livedoor Co. hold a press conference in Tokyo on April 13. They said their clients will launch a damages suit in late May against the Internet firm and its former executives in a bid to recover their losses from a sharp fall in its stock price following allegations of accounting fraud.
                    Livedoor shareholders to seek damages from Horie for losses

                    Livedoor shareholders to seek damages from Horie for losses

                    TOKYO, Japan - Chohei Yonekawa (L), who heads a newly formed group of lawyers to help Livedoor shareholders, tells reporters in Tokyo on Feb. 21 that some Livedoor Co. shareholders plan to sue former President Takafumi Horie and other former top managers of the company around September to seek damages, saying they have suffered huge losses in purchasing its shares in the wake of allegations that the Livedoor group was involved in accounting fraud.
                      (2)Gov't loses court battle to ex-miners in Fukuoka

                      (2)Gov't loses court battle to ex-miners in Fukuoka

                      TOKYO, Japan - Plaintiffs, who sued the government and Nittetsu Mining Co. seeking compensation for former coal miners who contracted pneumoconiosis, speak at a press conference in Tokyo on April 27 after the Supreme Court upheld their claim for compensation.