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Nikko Cordial sues three former execs
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Nikko Cordial Corp., facing possible delisting from the Tokyo Stock Exchange, said Feb. 27 it will sue three former senior executives for a combined ¥3.1 billion for their roles in accounting fraud committed at the firm. Nikko Cordial Corp. is Japan's third-largest brokerage. The announcement was made after Nikko Cordial submitted a revised group earnings report to the Finance Ministry. (The Japan Times)
日興コーディアルが元幹部を提訴
日興コーディアルグループは2月27日、同社の元幹部に対して総額31億円の損害賠償を請求することを発表した。
Shukan ST: March 9, 2007
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