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Olympus (OCPNY.PK) is preparing to file lawsuits against 19 current and former executives,...

Olympus (OCPNY.PK) is preparing to file lawsuits against 19 current and former executives, seeking billions in compensation in the wake of its accounting cover-up scandal. Shuichi Takayama, the firm's president, is being sued for ¥500M, and former Chairman Tsuyoshi Kikukawa for ¥3.61B in damages. All current members subject to the action are expected to resign in March or April.
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