January 28, 2014
A Pennsylvania federal judge preliminarily approved a $2.6 million settlement to be paid by Japanese camera and medical device manufacturer Olympus Corp., to resolve a shareholder class action claiming Olympus spent an exorbitant amount of money on advice for an acquisition.
November 15, 2011
An Olympus Corp. shareholder lodged a proposed class action Monday accusing the Japanese camera and medical device maker of hiding stock losses by paying exorbitant fees for merger advice.