Livedoor CEO Enters a Not Guilty Plea
From Times Wire Reports
Takafumi Horie, the former CEO of the Internet firm Livedoor Co. who came to symbolize a freewheeling capitalism that challenged Japan’s corporate norms, pleaded not guilty today to charges of breaking securities laws.
A January raid on Livedoor sent Tokyo share prices tumbling, halting trade and rattling confidence in the world’s second-largest exchange.
The case embarrassed Prime Minister Junichiro Koizumi, who had supported Horie’s unsuccessful run for parliament.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
