Internet
ò The Tokyo Stock Exchange said it will delist Livedoor from its Mothers market as early as next month. The action comes after the countryÆs Securities and Exchange Surveillance Commission has reportedly decided to file a complaint against the internet company and five suspects, including LivedoorÆs former head Takafumi Horie. The procedure will have TSE placing first Livedoor on the liquidation post for one month to inform investors of the action, then delisting the shares, the delisting taking place possibly in April. Falsifying financial statements is one of the acts specified in the exchange's delisting standards as it has grave implications for investor decisions and the fair management of the market. Livedoor...
