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 email@example.com 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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About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.