OKI Considers Legal Action Against Spanish Unit

The following appears on The Recycler

CEO Hideichi Kawasaki speaks on possibility following the Spanish unit’s responsibility in the company’s biggest share fall in 37 years.

Following “improper accounting” from the OEM’s Spanish unit which resulted in the most significant decline in shares in 37 years and forced OKI to postpone the announcement of its Q1 fiscal year financial results, OKI has fired the head of its Spanish unit and is considering legal action, reports Vision & Trends.

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SOURCE The Recycler

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