
<p>AFP - Japanese camera giant Olympus said Friday it has agreed to pay $2.6 million to settle a US investor lawsuit stemming from a huge accounting scandal that hammered its shares.</p><p>The claim was filed two years ago by an investor who claimed that a loss cover-up by Olympus executives was responsible for its plunging stock price.</p><p>The scandal also battered the country's corporate governance image, and sparked probes by regulators in Japan, Britain and the United States.</p><p>Olympus stock dived in the wake of the scandal, but is now about 25 percent higher than before the loss cover-up was exposed. The firm's Tokyo-listed shares closed 1.60 percent lower to 3,060 yen on Thursday.</p><p><a href="http://www.france24.com/en/20130927-olympus-pays-us-investors-26-mn-over-accounting-scandal">Keep reading...</a></p><p>Read also:</p><p><a href="http://www.japantimes.co.jp/news/2013/09/27/national/olympus-reaches-first-shareholder-settlement-over-accounting-scandal/">Olympus reaches first shareholder settlement over accounting scandal</a> (The Japan Times)</p><p>Explore: <a href="http://news.google.com/news/more?ncl=d0gpKwJ0CplmjEMu1in-q1NY4zS4M&ned=us">3 additional articles.</a></p>