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back to article Scandal-hit Toshiba faces investor sueball over accounting woes

Ailing Japanese corporation Toshiba is the target of a lawsuit from embittered shareholders over the stock price crash that resulted from a multi-billion dollar accounting debacle. Some fifty individuals have sued the organisation as well as with three former CEOs and two ex-CFOs for 301.99 million yen (£1.62m) in damages, …

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  1. wolfetone Silver badge

    Hello Tosh, Got An Accountant?

    The answer would be yes, albeit a bent one.

    5 0 Reply
  2. Peter Clarke 1

    Management Culture

    Olympus all over gain??

    5 0 Reply
    1. Mark 85
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      Re: Management Culture

      I think this attitude and culture is more widespread than we know. I've been around too many companies where "shoot the messenger instead of fixing the problem" runs rampant. The difference in Toshiba's case is that they got caught cooking the books.

      1 0 Reply
  3. Stu 18

    I like Toshiba Portege laptops, they have been mostly very reliable and in my opinion more consistently better designed than the competition.

    Granted they are not cheap, but I'd rather have a reliable work horse than a show pony that breaks down and spends more time in getting warranty repairs.

    Shame they bloated into corporate malaise.

    0 0 Reply

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