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Toshiba in turmoil

Toshiba to convene emergency board meeting Sunday

Allegations that Japanese conglomerate colluded against investor will be reviewed

The slate of directors up for appointment at this year's general shareholders meeting will be discussed at Toshiba's emergency board meeting.

TOKYO -- Toshiba will hold an emergency board meeting on Sunday to address a commissioned report that concluded that the company's annual shareholders meeting last year was "not fairly managed."

An independent investigation, conducted by three lawyers, looked into alleged voting irregularities. Thursday's report found that the Japanese conglomerate had closely worked with the Ministry of Economy, Trade and Industry to pressure activist shareholders.

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