Well, at least they get free publicity.

Olympus says being sued by six banks for $273 million over 2011 scandal | Reuters

[BrianR]

The article begins:

"Olympus Corp on Wednesday said six Japanese trust banks have filed a lawsuit against the endoscope maker seeking 27.9 billion yen ($273 million) for damages..."

I wasn't brave enough to read another word. Just in case.

[Kameko]

Ouch, that's crazy. Working in health care and with my department using quite a few Oly scopes, I wonder if this will affect us

[Miguel]

I wonder if this will affect us

I would not worry. The medical division of Olympus is the one that makes money and has significant value. As with Hoya's tenure with Pentax, Olympus can dump the camera division (which, like Pentax, is probably worth not very much in corporate dollars) and end up with a profitable concern.

M