Shareholders to sue TEPCO executives
Tokyo Electric Power Company shareholders will be suing the utility's current and former executives over the Fukushima Daiichi nuclear power plant accident.

Last November, 42 shareholders demanded the company's auditors file a lawsuit against 60 people who held executive posts.

They requested over 5.5 trillion yen, or about 71 billion dollars, in compensation.

But on Monday, TEPCO notified the shareholders in writing that it will not take legal action against them. The utility stated that the size of the March 11th tsunami was unforeseeable. It said because of this, the executives cannot be held responsible for the nuclear disaster.
[link to www3.nhk.or.jp]
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