Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Companies  >  All News

News : Companies
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors

Pomerantz Law Firm Investigates Claims on Behalf of Investors of Nissan Motor Co., Ltd. – NSANY

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/11/2019 | 08:31pm EDT

NEW YORK, Jan. 11, 2019 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Nissan Motor Co., Ltd. (“Nissan” or the “Company”) (OTCMKTS:NSANY). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.

The investigation concerns whether Nissan and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here to join a class action]

On November 19, 2018, media outlets reported that the Company’s Chairman Carlos Ghosn had been arrested by Japanese authorities for violations of Japanese financial law.  In a press release, Nissan stated that the Company “has been conducting an internal investigation over the past several months regarding misconduct involving the company’s Representative Director and Chairman Carlos Ghosn and Representative Director Greg Kelly”, which revealed “that over many years both Ghosn and Kelly have been reporting compensation amounts in the Tokyo Stock Exchange securities report that were less than the actual amount, in order to reduce the disclosed amount of Carlos Ghosn’s compensation.”  The Company further stated that “in regards to Ghosn, numerous other significant acts of misconduct have been uncovered, such as personal use of company assets, and Kelly’s deep involvement has also been confirmed.”  Following this news, Nissan’s American depositary receipt price fell sharply during intraday trading on November 19, 2018.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com

CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 9980


© GlobeNewswire 2019
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news "Companies"
11:23pRENESAS ELECTRONICS : to complete Integrated Device Technology takeover next week
AQ
11:22pBOEING : Southwest sending team to review Boeing 737 MAX upgrade while parking jets
RE
11:20pBOEING : Southwest sending team to review Boeing 737 MAX upgrade while parking jets
RE
10:53pARLO 72 HOUR DEADLINE ALERT : Approximately 72 Hours Remain; Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors with Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against Arlo Technologies, Inc.
BU
10:52pNAVIENT INVESTIGATION UPDATE BY FORMER LOUISIANA ATTORNEY GENERAL : Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Navient Corporation – NAVI
BU
10:52pQUALCOMM INVESTIGATION UPDATE BY FORMER LOUISIANA ATTORNEY GENERAL : Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of QUALCOMM Incorporated - QCOM
BU
10:51pDIPLOMAT PHARMACY CLAIMSFILER Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Diplomat Pharmacy, Inc. - DPLO
PR
10:51pSNC-LAVALIN INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL : Kahn Swick & Foti, LLC Investigates SNC-Lavalin Group Inc. for Possible Securities Fraud - SNCAF
BU
10:51pNISOURCE INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL : Kahn Swick & Foti, LLC Investigates the Officers and Directors of NiSource Inc. - NI
BU
10:51pEVERQUOTE SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL : Kahn Swick & Foti, LLC Reminds Investors of Class Action Lawsuit against EverQuote, Inc. - EVER
BU
Latest news "Companies"
Advertisement