Japan's Universal Entertainment sues Thomson Reuters (TRI -0.6%) and three of the firm's...

|About: Thomson Reuters Corporation (TRI)|By:, SA News Editor

Japan's Universal Entertainment sues Thomson Reuters (TRI -0.6%) and three of the firm's journalists over the reporting on payments made to a consultant in the Philippines. The back story is that Universal's majority owner, Kazuo Okada, is embroiled in a lawsuit with Wynn Resorts over the forced liquidation of his holdings in the gaming company. The allegations brought by the Reuters stories didn't help Okada's case in the least.