Reuters reports six Japanese trust banks have filed a lawsuit against Olympus for ¥27.9bn (around $ 273 million) in damages relating to the company’s false financial statements. According to the report this is the fifth publicly recognized lawsuit stemming from a 2011 accounting scandal. Olympus said it would set aside ¥17bn ($ 166.49m) to settle three of those five suits. Learn more
News: Digital Photography Review (dpreview.com)