Olympus initially denied the fraud but then later admitted to covering up lossesOlympus has confirmed to the BBC that it is suing more than 10 current and former executives after a $1.7bn (£1bn) accounting cover-up at the firm.
It comes after an independent panel report looking into management involvement in the fraud.
The lawsuit, filed on 8 January, seeks up to 3.6bn yen ($46.8m; £30.3m) in damages.
The fraud was revealed after the camera company fired CEO Michael Woodford when he questioned dubious payments.
The case will focus on current and former board members, including ex-president Tsuyoshi Kikukawa, former vice president Hisashi Mori and auditor Hideo Yamada.
The current president Shuichi Takayama will step down this month for his involvement in the scandal, reported Kyodo News.
Olympus shares have lost nearly 60% of their market value since the scandal first broke in October last year.
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