Olympus Faces Appeal in Dismissed Shareholder Lawsuit
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 06 2025
0mins
Source: Business Insider
Olympus Corporation Lawsuit Update: An individual shareholder has appealed a dismissed derivative lawsuit against Olympus directors and auditors to the Tokyo High Court, alleging failure in duties that caused financial harm. Olympus supports the defendants, asserting the claims are unfounded.
Company Overview: Olympus is a Tokyo Stock Exchange-listed company specializing in optics and imaging, particularly in medical and scientific fields, with a current market cap of $17.55 billion and a technical sentiment consensus rating of "Buy."
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
