LONDON – The former CEO of Olympus, who blew the whistle in 2011 on a massive accounting scandal at the medical equipment maker, has won a London court battle over alleged wrongdoing linked to his £64 million (¥9.4 billion) pension.
The Olympus U.K. subsidiary KeyMed sued Michael Woodford and former company director Paul Hillman in 2016, alleging they had breached their duties as directors and trustees of a defined benefit pension plan and conspired to maximize their pension benefits by unlawful means.
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