Mitsubishi UFJ Trust and Banking Corp. and an affiliated trust bank plan to sue scandal-ridden Toshiba Corp. for ¥1 billion over losses incurred from a major accounting scandal that sent its share price plummeting, a source close to the matter said Monday.
The potential lawsuit comes as Toshiba scrambles to respond to trouble at its U.S. nuclear business, which is staring at a loss of ¥700 billion, and to find a third party willing to offer a capital injection.
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