TEPCO Sued By Shareholders Over 2011 Nuclear Disaster
In a little-publicized civil trial, shareholders sued TEPCO’s executives for their roles in the 2011 nuclear disaster. The trio was also brought up on criminal charges for the same negligence issues. This civil trial seeks to compensate shareholders for their losses when TEPCO’s stock tanked after the disaster. The court has heard arguments and will have a verdict around July of 2022. The shareholders are seeking 22 trillion yen, about $194 billion USD.
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