Activist fund Dalton urges Japan’s Fuji Media to probe TV host scandal

Activist fund Dalton urges Japan's Fuji Media to probe TV host scandal Activist fund Dalton urges Japan's Fuji Media to probe TV host scandal

NEW YORK — An affiliate of U.S. activist fund Dalton Investments has urged Japanese broadcaster Fuji Media Holdings to launch an independent investigation into alleged sexual misconduct by TV personality Masahiro Nakai.

Dalton and British affiliate Rising Sun Management together own a stake of over 7% in Fuji Media.