Sunday, August 20, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
YouTube TV expands to new markets
Facebook Tests News Stories Customized to Users' Interests
Google Home Now Supports Free Calls
Asus Unveils the ZenFone 4 Pro, ZenFone 4, ZenFone 4 Selfie Pro, and ZenFone 4 Selfie
Nokia 8 Shipped With ZEISS Optics
Apple is Getting Serious in TV Shows and Film Prospect
Acer's New 4K Projectors Bring the Benefits of Cinema Home
Fiat Chrysler Joins BMW, Intel, Mobileye in Autonomous Driving Team
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Toshiba...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, April 20, 2017
Toshiba's Shareholders Seek For New Compensatory Damages


Toshiba has confirmed that its has received two additional actions for compensatory damages in relation to the recent accounting issues.

Tohsiba said that actions against the company were filed with the Tokyo District Court by four shareholders, all Japanese corporate shareholders, seeking compensatory damages in the amount of 5,115,911,395 yen ($46.913 million) and 13,133,064,492 yen ($120.4 million), on the grounds of damages incurred due to Toshiba's inappropriate accounting.

Toshiba says it will "handle the matter appropriately" after taking into account the plaintiffs' assertions, and intends to record a provision for a reasonably estimable amount, which has not yet been determined.

As announced by the Toshoba in its October 13, 2016, other actions have been filed in Japan seeking compensatory damages. As of today, Toshiba has received a 18 complaints, and the total amount sought in these actions is approximately 32 billion yen ($293.44 million).



Previous
Next
Shuttle Launches New Android-based 0.5-litre PCs        All News        Harman and Baidu to Jointly Offer AI Solutions For The Chinese Automotive Market
Windows and Office Align Feature Release Schedules     General Computing News      Harman and Baidu to Jointly Offer AI Solutions For The Chinese Automotive Market

Get RSS feed Easy Print E-Mail this Message

Related News
Toshiba's SG6 SSD Client SSD Uses 64-Layer 3D Flash Memory
Toshiba Announces NVMe over Fabrics Software Technology, Enterprise-Class SSDs with 64-Layer 3D Flash Memory
Toshiba Stops Blocking Western Digital Access to Chip JV, Invests in new chip line without Western Digital
Toshiba Unveils Single Package NVMe Client SSD Utilizing 64-Layer, 3D Flash Memory
Toshiba to Notify Western Digital Before Closing a Memory Sale
Toshiba TR200 SSD Series Uses 64-Layer 3D Flash Memory
Toshiba Resumed Blocking Western Digital Access to JV Database
Court Says Western Digital Should Have Access Toshiba's Technical Databases
Toshiba in Talks with Western Digital, Foxconn Over Memory Unit Sale
Western Digital Responds to Toshiba's Actions
Toshiba Delays Chip Unit Deal, Sues Western Digital
Western Digital Resubmits Bid for Toshiba Chip Unit

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .