M & A Law Prof Blog

Editor: Brian JM Quinn
Boston College Law School

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Thursday, February 16, 2012

Olympus arrests

In Tokyo, police and prosecutors have arrested seven former executives of Olympus, including ex-President Tsuyoshi Kikukawa, in connection with the M&A related accounting fraud that went there for over decade.  You'll remember that former CEO Micheal Woodford blew the lid off the fraud when he started asking questions about large merger-related advisory fees that were used to hide accounting losses.

 

-bjmq

http://lawprofessors.typepad.com/mergers/2012/02/olympus-arrests.html

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