US regulators probe SoftBank over misconduct claims: report


Shop employees of SoftBank Corp work outside its branch in Tokyo, Japan, August 6, 2015. REUTERS/Yuya Shino/File Photo

TOKYO: The US market regulator is examining Japanese mobile giant SoftBank over misconduct allegations lodged against its former president Nikesh Arora, who quit last week, a report said. 

The Securities and Exchange Commission (SEC) is seeking to find out whether Arora had conflicts of interest or engaged in questionable behaviour, Bloomberg News reported, citing unnamed people familiar with the matter. 

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