TMCnet News
Glancy Prongay & Murray LLP Announces Investigation on Behalf of Nissan Motor Co., Ltd. InvestorsGlancy Prongay & Murray LLP ("GPM") announces an investigation on behalf of Nissan Motor Co., Ltd. ("Nissan" or the "Company") (OTC: NSANY) investors concerning the Company and its officers' possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On November 19, 2018, Nissan announced that it is conduting an investigation on the company's Representative Director and Chairman Carlos Ghosn and Representative Director Greg Kelly for underreported compensation amounts in Tokyo Stock Exchange securities reports that were less than the actual amount, in order to reduce the disclosed amount of Carlos Ghosn's compensation. Also, in regards to Ghosn, various other significant acts of misconduct have been uncovered, such as personal use of company assets, and Kelly's deep involvement has also been confirmed. On this news, shares of Nissan fell $1.05 per share or 5.85% to close at $16.90 per share on November 19, 2018, thereby injuring investors. Follow us for updates on Twitter (News - Alert): twitter.com/GPM_LLP. If you purchased Nissan securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to [email protected], or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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