Law Office of Brodsky & Smith, LLC Announces Investigation of Olympus Corporation

Law office of Brodsky & Smith, LLC announces that it is investigating Olympus Corporation. (“Olympus” or the “Company”) (PINK: OCPNY.PK) on behalf of purchasers of Olympus American Depository Receipts (“ADR”) purchased between November 7, 2006 and November 7, 2011 (“Class Period”).

The investigation concerns alleged fraudulent accounting that was revealed when Olympus’ CEO was fired after demanding a full inquiry into fees paid to investment advisors in connection with certain acquisitions. It has been recently reported that a third-party panel said top executives at Olympus devised an elaborate scheme to cover up investment losses involving at least $1.7 billion. The panel’s findings appeared to vindicate the former CEO, who had called for an inquiry into a series of exorbitant acquisition payments. The per-share value of Olympus ADR’s has dropped from $35.00 to a closing price of $5.95 on November 10, 2011.

If you suffered a loss in Olympus and wish to discuss the legal ramifications of the investigation, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at [e-mail], visiting http://brodsky-smith.com/365-ocpny.pk-olympus-corporation.html, or by calling toll free 877-LEGAL-90.