An investigation for investors in Nissan Motor Co., Ltd. (OTC: NSANY) shares over potential securities laws violations by Nissan Motor Co., Ltd. was announced
San Diego, CA -- (SBWIRE) -- 12/05/2018 -- An investigation was announced concerning potential securities laws violations by Nissan Motor Co., Ltd. and certain of its directors and officers in connection with certain financial statements.
Investors who purchased shares of Nissan Motor Co., Ltd. (OTC: NSANY), have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by Nissan Motor Co., Ltd. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On November 19, 2018, Nissan Motor Co., Ltd disclosed that the company's Representative Director and Chairman Carlos Ghosn and Representative Director Greg Kelly had for years underreported compensation amounts in Tokyo Stock Exchange securities reports to reduce the disclosed amount of Ghosn's compensation. Nissan Motor Co., Ltd. disclosed other "significant acts of misconduct" by Ghosn, including personal use of company assets. According to Nissan, Kelly was also "deep[ly] involve[d.]"
Shares of Nissan Motor Co., Ltd. (OTC: NSANY) declined to as low as $16.28 per share on November 19, 2018.
Those who purchased shares of Nissan Motor Co., Ltd. (OTC: NSANY) have certain options and should contact the Shareholders Foundation.
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