Strategic Capital, Inc. is the manager of a fund that holds approximately 5.0% of Japan Securities Finance (JSF). Please see “JSF in violation of the law” for detail of inappropriate accounting and overpay of bonuses.◆January 19th 2023
Due to some inappropriate accounting, JSF Officers were overpaid bonuses and performance-linked remuneration (“bonuses”).
In a letter dated January 18, 2023, and received by JSF on January 19, 2023, we requested the members of JSF’s Audit Committee file a suit against each Officer for the return of unjust enrichment from the excessive bonuses paid.
