Elizabeth Wolford makes history as 1st female chief federal judge in WNY the-leader.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from the-leader.com Daily Mail and Mail on Sunday newspapers.
a panel of outside lawyers received a report earlier in the day saying the three current and two former auditors share responsibility. the panel says they caused losses of about $110 million. earlier this month olympus sued the former president and 18 other current and former executives. these officials transferred the losses to overseas funds and tried to cover them up through corporation acquisitions. lawyers in that suit are seeking damages of about $46 million. meanwhile an olympus shareholder has filed a lawsuit against the optical equipment maker. the shareholders say the company has not done enough to make clear who was responsible for the accounting cover up scandal. the shareholder from western japan filed a lawsuit with the tokyo district court on tuesday. he is seeking some $17 million in damages and 13 others for making the company lose credibility. the plaintiff charges that the company failed to launch an immediate investigation when former president michael wol