SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Involving Possible Securities Fraud Violations by Certain Officers and Directors of Nissan Motor Co., Ltd.
NEW YORK, Nov. 19, 2018 (GLOBE NEWSWIRE) -- Levi & Korsinsky announces it has commenced an investigation of Nissan Motor Co., Ltd. (OTCMKTS: NSANY) concerning possible violations of federal securities laws.
On November 19, 2018, The Wall Street Journal reported that the Company’s Chairman, Carlos Ghosn, had been arrested “on financial charges, and Nissan said it itended to oust him from his post after uncovering significant misconduct.” Nissan issued a press release announcing that the Company had “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.” According to the press release, Nissan determined that 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.” To obtain additional information, go to:
or contact Joseph E. Levi, Esq. either via email at firstname.lastname@example.org or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Levi & Korsinsky, LLPEduard Korsinsky, Esq.55 Broadway, 10th FloorNew York, NY 10006 Tel: (212) 363-7500Toll Free: (877) 363-5972Fax: (212) 363-7171 www.zlk.com