TOKYO -- A majority of Toshiba's shareholders voted on Thursday for an independent investigation into alleged voting irregularities at the company's annual general meeting last year, in a victory for activist investors over the Japanese group's management.
Business trends
Toshiba activist investor Effissimo wins battle over management
Shareholder vote launches investigation into management conduct
A majority of Toshiba shareholders voted for an independent probe of alleged voting irregularities in the reappointment of CEO Nobuaki Kurumatani. (Source photos by Tokuyuki Matsubuchi and AP)
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