August 24, 2010 / 9:59 AM / 8 years ago

Fujitsu ex-CEO Nozoe sues for $4.5 mln in damages

TOKYO, Aug 24 (Reuters) - Fujitsu Ltd’s (6702.T) former president Kuniaki Nozoe has filed suit against the IT services firm and four executives seeking 380 million yen ($4.5 million) in damages, the latest in the dispute over his ouster last year.

Nozoe claims he was improperly forced to step down because of unfounded allegations of dealings with a firm with suspected links to organised crime, and lost his rights to compensation thereafter, his lawyers said in a statement on Tuesday.

Nozoe also says his personal rights were violated because the executives forced him to stay in hospital and forbade him from coming to the office, to prevent him from talking after they falsely cited illness as the reason for Nozoe’s resignation, the statement said.

He wants Fujitsu, senior executive adviser Naoyuki Akikusa, director Hiroshi Oura, chairman Michiyoshi Mazuka and auditor Megumi Yamamuro to publish apologies in national newspapers, the statement said.

The management tussle first surfaced in early March, and has hurt Fujitsu’s image and prompted criticism of its governance. Fujitsu competes with IBM (IBM.N) and Hewlett-Packard (HPQ.N) globally.

A Fujitsu spokesman had no immediate comment.

Before the announcement, Fujitsu shares closed down 1.1 percent at 568 yen, against a 1.3 percent drop in the benchmark Nikkei average .N225. (Reporting by Sachi Izumi; Editing by Chris Gallagher)

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