Update: SoftBank spokesperson sent MediaNama statements from the SoftBank Group, Nikesh Arora and Masayoshi Son: SoftBank Group Statement We can confirm we are in receipt of a letter from a US law firm claiming to represent unidentified shareholders. The letter makes unsubstantiated allegations against Mr. Arora. The Board takes its duties seriously and is in the process of reviewing the letter. Mr. Arora remains a highly valued leader with proven investment abilities and we are confident he will continue to make great contributions at SoftBank in the years ahead. Statement from Mr. Son (Chairman & CEO) “I have complete trust in Nikesh and one thousand percent confidence in him and know he will continue to do great things for SoftBank in the future.” Statement from Mr. Arora (President & COO) "I take my fiduciary responsibilities seriously and have acted appropriately and in the best interest of shareholders throughout my tenure at SoftBank and Sprint, just as I have conducted myself throughout my professional life. I am completely confident the allegations in the letter are baseless." Earlier: A group of investors have sent letters to the boards of SoftBank and Sprint calling for a probe and possible dismissal of Nikesh Arora, the second in command at SoftBank, according to a report by Bloomberg. A SoftBank spokesperson confirmed to MediaNama that the board received such a letter but declined to give a further statement. The letter, dated January 20 which was not made public, came from a US-based law firm Boies Schiller & Flexner and did not…
