Boomerang: this is the word of a business lawyer foreign familiar in Japan, learning Monday that the SEC (Securities & Exchange Commission) the u.s. had launched an investigation on Nissan. The member of the stock Exchange will determine whether the statements of the remuneration of executives of the automotive group at the market were accurate.
The arrest of Carlos Ghosn in Japan and the updating of malfunctions at Nissan have put the flea in the ear of the powerful SEC. Carlos Ghosn is the main target of the ire of the attorney japanese, who is accused of having concealed past ten years, the equivalent of 70 million euros of deferred compensation ; Nissan collaborating with the justice, the company should not be hurt by a mild punishment.
For the SEC, on the other hand, the company Nissan, which is listed in the United States in the form of ADRS (American Depositary Receipts) is a target in the same way as Carlos Ghosn. If the accounts are falsified, the liability of the company will be engaged in ...Updated Date: 29 January 2019, 00:00