We have recently told you that Toshiba is looking for a way out due to the accounting fraud that happened back in July, and that it could join forces with Fujitsu and Vaio. Now, the Japan's Securities and Exchange Surveillance Commission has suggested the penalty.

If the Japanese Prime Minister Shinzo Abe and the Commissioner of the Financial Services Agency agree on the penalty, Toshiba will have to send a massive $60 million (7.37 billion yen) payment.

If that is not enough, then the request for around $2.4 million from around 50 shareholders will definitely hit hard the company, and Toshiba might not recover from that. The company's stock has also plummeted about ¥200, or about 40 percent, between April 3, when the problem was, and November 30.