Dec 14, 2015

Toshiba shareholders in western Japan sue former executives

Toshiba Corp. shareholders in western Japan sued the major electronics and machinery maker and five of its former executives Monday for damages totaling around ¥173 million for the plunge in the company’s share price that resulted from illicit accounting practices. The lawsuit, filed with ...

Oct 28, 2015

Nissan reportedly to consider plan to end Renault control of alliance

Nissan Motor Co. is considering plans to restructure its alliance with Renault SA, including ending the French manufacturer’s voting rights, according to sources. A paper circulated to Renault board members by Nissan Chief Competitive Officer Hiroto Saikawa laid out a scenario that could grant ...

Sep 22, 2015

Toshiba shareholders urged to reject three executive reappointments

A U.S. advisory firm for institutional investors is calling on shareholders of struggling Toshiba Corp. to oppose President Masashi Muromachi and two other board members from being reappointed as directors. International Shareholder Services Inc.’s action could impact the votes of foreign investors at a ...