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Stock Market & Financial Investment News

News Breaks
March 28, 2012
06:17 EDTOCPNYOlympus Corp faces more charges from Japanese regulators, WSJ reports
Japan's Securities and Exchange Surveillance Commission is seeking additional charges against Olympus Corp. (OCPNY) and five individuals for their alleged involvement in the company's $1.5B accounting scandal, reports the Wall Street Journal. Reference Link
News For OCPNY From The Last 14 Days
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August 20, 2015
18:57 EDTOCPNYOlympus investigates Pasadena infections, denies FDA violation, LA Times says
Olympus Corp. (OCPNY) has reached out to a Pasadena hospital that suspects the company's devices spread a superbug infection to at least three patients, according to the Los Angeles Times. The company is also disputing a report this week from the FDA that it waited three years to tell authorities about 16 patient infections in 2012, the paper added. A spate of superbug infections tied to contaminated scopes has been reported at hospitals across the country, including in Los Angeles, Seattle, Pittsburgh and outside Chicago. Not including the Pasadena incident, the FDA has said that six of the nine recent outbreaks were linked to Olympus scopes, the Los Angeles Times said. Olympus, Fujifilm (FUJIY), and Pentax Medical all produce similar duodenoscopes. All three companies have 15 business days from receipt of the Aug. 12 letters to respond to the violations cited by the FDA and detail any steps being taken to remedy them. Reference Link
August 19, 2015
18:22 EDTOCPNYPasadena Hospital probing outbreak from tainted Olympus scopes, LA Times says
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