Universal Entertainment Corp (6425.T)
19 Jan 2018
* Says it plans to set up a JV, Hong Kong Guangcai Universal Entertainment Limited, with China-based investment firm
* Says co filed a lawsuit against co's former chairman Kazuo Okada, claiming compensation for his three malpractice
* Says it files a lawsuit against Aruze Gaming America Inc regarding patent related dispute, claiming compensation of 100 million yen
TOKYO/NEW YORK Nearly three months after his ouster from the board at Universal Entertainment Corp, billionaire Kazuo Okada is fighting back to try to regain control of the $2.2 billion Japanese gaming group.
TOKYO/NEW YORK Nearly three months after his ouster from the board at Universal Entertainment Corp , billionaire Kazuo Okada is fighting back to try to regain control of the $2.2 billion Japanese gaming group.
* Says it received investigation report from special investigation committee
Aug 3 Japan's Universal Entertainment Corp has lost a defamation suit against a former executive who sued the company claiming it wrongly blamed him for helping make a $10 million money transfer in 2010 that later came under the scrutiny of the FBI. The Tokyo District Court ruled Wednesday that Universal defamed the former executive, Takafumi Nakano, in a February 2013 news release containing various allegations. One of the allegations was that Nakano changed the aud
TOKYO, July 21 Japan's Supreme Court rejected an appeal by Japan's Universal Entertainment Corp to hear its defamation case against Reuters, upholding two lower court rulings that its case against the news agency lacked merit.