SEC Settles With Japanese Banker In $2B Olympus Scandal

By Ben Conarck ( February 27, 2015, 3:52 PM EST) -- The U.S. Securities and Exchange Commission said Friday it has reached a settlement with a Japanese broker alleged to have been involved in the $2 billion fraud scandal that hit camera and medical device maker Olympus Corp. in 2011 over exorbitant advisory fees paid on costly acquisitions, agreeing to drop the case in exchange for his withdrawal from the securities industry....

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