Nissan offers settlement in Carlos Ghosn compensation case

Nissan offers settlement in Carlos Ghosn compensation case
Nissan offers settlement in Carlos Ghosn compensation case

Japanese car group Nissan has offered a friendly settlement to a group of US investors to resolve the dispute over compensation paid to former company chief 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 him and other US investors.

U.S. District Judge William Campbell Jr., of Nashville federal court, on Wednesday granted a joint request by the plaintiffs and Nissan to halt legal proceedings with the goal of reaching an amicable settlement within 40 days.

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

Follow the economic statement via Google News

Print
Email
Facebook
Twitter
LinkedIn
Pin Interest
Whats App

 
For Latest Updates Follow us on Google News
 

PREV Drama in the insurance industry – The health insurance reform is underway
NEXT Closing price: The Airports Authority lost over NIS 2 billion