Tuesday, 29 May 2012

Michael Woodford-Unfair Dismissal-Settlement-Employer-Olympus

Woodford agrees settlement with ex-employer Olympus

LONDON (Reuters) - Michael Woodford, the ousted Olympus chief executive , has reached an out-of-court settlement with his former Japanese employer for unfair dismissal on grounds of whistleblowing and uncovering one Japan's biggest corporate frauds. The deal on Tuesday came after a delay to an employment hearing in London that was set to throw an unwanted spotlight back on an $1.7 billion accounting fraud that cost the camera-to-endoscope maker its board and reputation. The terms of the settlement were not immediately disclosed, but the payout was expected to run into the millions of pounds. ... read more..

1 comment:

aaronnssd said...

Nice article, Which you have shared here about the Unfair Dismissal. Your article is very informative and useful for those who are looking for the Unfair Dismissal Support For Employee Dublin. Thank you for sharing this article here.

Post a Comment