This is what you call fulfilling fidicuiary duty to shareholders. Last fall Olympus CEO Michael Woodford exposed a huge accounting scandal at the company, so it fired him. Today Reuters reports that the company "is suing its president and 18 other executives, past and present, for up to $47 million in compensation, as it struggles to recover from one of the nation's worst accounting scandals."
Why not? These are the guys who presided over the fraud and presumably benefited from it. In the United States these kinds of "clawbacks" rarely happen, despite changes in the law that allow them. But by suing its own execs and directors, Olympus the company is doing what's best for its shareholders. In the United States all too often corporate priorities are what's best for the board and the executives.