Shareholders of Tepco (TKECF.PK) file suit against 27 current and former directors of the firm...


Shareholders of Tepco (TKECF.PK) file suit against 27 current and former directors of the firm for a staggering ¥5.5T ($67.4B) to cover damages stemming from the Fukushima disaster. Though Japanese courts have set a precedent for tagging individual executives with damages for mismanagement, the size of the requested award is the largest on record.

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Comments (1)
  • DeepValueLover
    , contributor
    Comments (11220) | Send Message
     
    Even if shareholders get only 10% of the award it would send shares up towards the moon!
    5 Mar 2012, 10:28 AM Reply Like
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