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Toshiba shareholders sue ex-management over falsified accounting

Toshiba shareholders sue ex-management over falsified accounting

Masashi Muromachi, president of Toshiba Corp., attends a press conference in Tokyo on Dec. 7, 2015, after Japan's securities watchdog recommended to the Financial Services Agency that it impose a record 7.37 billion yen ($60 million) fine on Toshiba for falsifying financial reports. (Kyodo) ==Kyodo

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Toshiba shareholders sue ex-management over falsified accounting

Toshiba shareholders sue ex-management over falsified accounting

Masashi Muromachi, president of Toshiba Corp., bows in apology at a press conference in Tokyo on Dec. 7, 2015, after Japan's securities watchdog recommended to the Financial Services Agency that it impose a record 7.37 billion yen ($60 million) fine on Toshiba for falsifying financial reports. Muromachi said Toshiba intends to pay the amount after receiving an order from the FSA. (Kyodo) ==Kyodo

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Toshiba logs operating loss for 1st half in FY 2015, sues ex-management

Toshiba logs operating loss for 1st half in FY 2015, sues ex-management

Photo taken Nov. 7, 2015, shows Toshiba Corp.'s head office in Tokyo. The electronics maker has moved to sue three former presidents and two chief financial officers over falsified accounting spanning roughly seven years, and seek 300 million yen in damages. (Kyodo) ==Kyodo

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