Woodford News

Olympus Whistleblower CEO Woodford Wins Unfair Dismissal Settlement

Michael Woodford, ousted as head of Japanese camera-to-endoscope maker Olympus after blowing the whistle on one of Japan’s biggest corporate frauds, on Tuesday won a likely multi-million dollar settlement of his claim for unfair dismissal. After a night of negotiations, …

Fired Olympus Boss Woodford Launches Wrongful Termination Suit

Michael Woodford, the former Olympus CEO, on Thursday kicks off his legal battle for wrongful dismissal on the grounds of discrimination and whistleblowing, in a UK case that will throw the spotlight back on one of Japan’s worst corporate scandals. …

Panel Urges Legal Action in Damning Report on Japan’s Olympus

An independent panel urged legal action against executives who covered up a $1.7 billion accounting scandal at Japan’s Olympus Corp, and said others who knew about it should be replaced. But its findings failed to satisfy the ex-CEO who blew …