“Nissan” offers settlement to investors in compensation case for Carlos Ghosn

“Nissan” offers settlement to investors in compensation case for Carlos Ghosn
“Nissan” offers settlement to investors in compensation case for Carlos Ghosn

The lawsuit is filed against Nissan by the Jackson County Employees Retirement Fund in Tennessee (Getty)

The Japanese car group “Nissan” offered an amicable settlement to a group of American investors to resolve the dispute over compensation paid to the former president of the company, Carlos Ghosn.

These investors accuse the company of making misleading statements about the sums Ghosn received during his tenure as group chairman.

The “class action” is being brought against Nissan by the Jackson County Employee Pension Fund, in Tennessee, on behalf of it and other US investors.

On Wednesday, Judge William Campbell Jr., of Nashville federal court, granted a joint request from the plaintiffs and Nissan to stop legal proceedings with the goal of reaching an amicable settlement within 40 days.

In response to a question by AFP, Nissan declined to comment on an ongoing case. Also, the lawyer for Greg Kelly, a former collaborator with Ghosn named in the file, did not respond to AFP’s requests for comment.

Kelly was released on bail in Tokyo, where he is on trial a year ago for embezzlement at Nissan under Carlos Ghosn.

(France Press)

Source

Nissan offers settlement investors compensation case Carlos Ghosn

 
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