An investor in the now-defunct Snow Brand Foods Co., which was at the center of a beef mislabeling fraud last year, filed a 30 billion yen restitution suit Monday against 13 former executives, accusing them of ruining the company through mismanagement.
The suit, filed with the Tokyo District Court by a man who holds 1,000 Snow Brand Foods shares, claims that decisions made by the executives led to the firm’s downfall.
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