Employer liability lawsuits related to fictitious-transaction fraud cases
First written in FY2019-Q1. 3 of 9 entries say "Materialised", first in FY2019-Q1. Latest entry: FY2023-Q2.
No other company in this theme has enough history to compare yet.
- FY2023-Q2WorsenedAnnual report
「The plaintiff appealed on 9 December 2021, but although a judgment dismissing the appeal was handed down on 28 July 2022, the plaintiff filed a final appeal on 9 August 2022.」
After the appeal in the FUSIONIA lawsuit was dismissed, the plaintiff filed a final appeal on 9 August 2022, and the legal proceedings continued. The claim was stated as ¥63.580 million. - FY2023-Q1MitigatedAnnual report
「The plaintiff appealed on 9 December 2021, but a judgment dismissing the appeal was handed down on 28 July 2022. The plaintiff's policy during the period for filing a final appeal or a petition for acceptance of a final appeal had not been clarified.」
A judgment dismissing the appeal was handed down in the FUSIONIA lawsuit, reducing litigation risk, while the company's response policy regarding a final appeal and related matters remained undecided. - FY20222 lawsuits settled; 1 appeal ongoingAnnual report
「The company had been sued by T.N. Nomura Co., Ltd. on 22 June 2018, but reached a settlement agreement dated 21 February 2022. Accordingly, it recorded the total settlement payment of ¥1.1 billion to T.N. Nomura Co., Ltd. as a settlement expense. The company was sued by FUSIONIA Co., Ltd. on 13 June 2019, and a judgment dismissing all of the plaintiff's claims was handed down on 26 November 2021, but the plaintiff appealed on 9 December 2021.」
The T.N. Nomura lawsuit was settled on 21 February 2022, and a ¥1.1 billion settlement expense was recorded. Including the ¥330 million settlement expense for the Koyosha lawsuit, total settlement expenses of ¥1.43 billion were recorded. Meanwhile, the FUSIONIA lawsuit remained ongoing after the plaintiff's appeal. - FY2022-Q3Koyosha lawsuit settled; plaintiff appealed in FUSIONIA lawsuitAnnual report
「The company was sued by FUSIONIA Co., Ltd. on 13 June 2019, and a judgment dismissing all of the plaintiff's claims was handed down on 26 November 2021, but the plaintiff appealed on 9 December 2021. The amount of damages claimed in the complaint is ¥63.580 million. The company had been sued by Koyosha Co., Ltd. on 14 November 2018, but reached a settlement agreement dated 23 December 2021. Accordingly, it recorded the total settlement payment of ¥330 million to Koyosha Co., Ltd. as a settlement expense.」
In the FUSIONIA lawsuit, the plaintiff appealed after a judgment in the company's favour. Meanwhile, the Koyosha lawsuit was settled on 23 December 2021, and a ¥330 million settlement expense was recorded as an extraordinary loss. - FY2021Decrease in amount claimed in lawsuitsAnnual report
「The amount of damages claimed in the complaint is ¥768.600 million.」
The amount claimed in the employer liability lawsuit related to the fictitious-transaction fraud case brought by Koyosha Co., Ltd. was ¥768.600 million, down from the previously disclosed ¥831.600 million. The company continued to state that the legal proceedings were ongoing. - FY2021-Q3Decrease in amount claimed in lawsuitsAnnual report
「The amount of damages claimed in the complaint is ¥773.600 million.」
Regarding the employer liability lawsuit related to the fictitious-transaction fraud case, Koyosha Co., Ltd.'s claim decreased from the previously disclosed ¥831.600 million to ¥773.600 million. The company continued to state that the legal proceedings were ongoing. - FY2020-Q1MaterialisedAnnual report
「The company was sued by FUSIONIA Co., Ltd. on 13 June 2019. In the lawsuit, FUSIONIA Co., Ltd. claims to have suffered losses as a result of a former employee's involvement in a fraud case involving fictitious transactions, and is seeking damages from the former employee and others for their tortious acts, as well as damages from the company based on employer liability. The amount of damages claimed in the complaint is ¥63.580 million.」
Regarding the employer liability lawsuit related to the fictitious-transaction fraud case, the company was served with a new lawsuit brought by FUSIONIA Co., Ltd. and disclosed a claim of ¥63.580 million. - FY2019-Q3MaterialisedAnnual report
「The company was sued by Koyosha Co., Ltd. on 14 November 2018. In the lawsuit, Koyosha Co., Ltd. claims to have suffered losses as a result of a former employee's involvement in a fraud case involving fictitious transactions, and is seeking damages from the former employee and others for their tortious acts, as well as damages from the company based on employer liability. The amount of damages claimed in the complaint is ¥831.600 million.」
Regarding the employer liability lawsuit related to the fictitious-transaction fraud case, the company disclosed a new lawsuit brought by Koyosha Co., Ltd. and a claim of ¥831.600 million. - FY2019-Q1MaterialisedAnnual report
「The company was sued by T.N. Nomura Co., Ltd. on 22 June 2018. In the lawsuit, the plaintiff claims to have suffered losses as a result of a former employee's involvement in a fraud case involving fictitious transactions, and is seeking damages from the former employee and others for their tortious acts, as well as damages from the company based on employer liability. The amount of damages claimed in the complaint is ¥1,625.820 million.」
The company disclosed that it had been served with a new lawsuit dated 22 June 2018, with a claim of ¥1,625.820 million. It recognised that it had neither an obligation nor grounds to meet the claim and stated that it would respond appropriately through the legal proceedings.