The Firm represents a number of institutional investors in securities litigation in Japan against Toshiba Corporation ("Toshiba") and is funding the matter on their behalf. On April 3, 2017, the Firm and its Japanese local counsel filed suit alleging violations of Japanese securities and tort laws arising from Toshiba's disclosure of widespread accounting irregularities, including a net loss of ¥38 billion for FY 2014/2015 and a downward restatement of pre-tax profits totaling ¥225 billion (approximately $1.9 billion) for the period from 2008 onward. Toshiba's share price fell sharply on the news, declining from ¥512.4 on [date] to ¥337.25 by September 7, 2015. Litigation is ongoing.