RSSBot
9.04.14, 19:50
The old ship Olympus has somehow begun to right itself after the $1.7 billion accounting scandal that nearly sank the company in 2011. The company’s imaging division isn’t in the black yet, but strong sales of the OM-D E-M1 have helped to cut losses by $25 million (http://www.imaging-resource.com/news/2014/02/07/olympus-claims-losses-cut-by-60-thanks-to-great-om-d-e-m1-sales), and with trickle-down effects like increased lens sales, the future looks promising. But for any publicly held company that commits fraud on such a massive scale, there are bound to be lingering consequences. Six Japanese trust banks have filed a lawsuit against...
(read more) (http://www.imaging-resource.com/news/2014/04/09/more-olympus-fraud-fallout-as-banks-sue-for-273-million)
More... (http://www.imaging-resource.com/news/2014/04/09/more-olympus-fraud-fallout-as-banks-sue-for-273-million)
(read more) (http://www.imaging-resource.com/news/2014/04/09/more-olympus-fraud-fallout-as-banks-sue-for-273-million)
More... (http://www.imaging-resource.com/news/2014/04/09/more-olympus-fraud-fallout-as-banks-sue-for-273-million)