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Overseas investors sue Nissan over Ghosn's financial misconduct cases


Overseas investors sue Nissan over Ghosn s financial misconduct cases
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Institutional investors overseas have filed a suit seeking damages from Nissan Motor Co. | REUTERS
Kyodo
May 27, 2021
Around 90 institutional investors based outside Japan have filed a suit seeking damages from Nissan Motor Co., saying they suffered huge losses as former boss Carlos Ghosn’s financial misconduct cases dented share prices, according to sources close to the matter.
The plaintiffs, which include institutional investors from countries such as Britain, Germany and the United States, are demanding in the lawsuit that the Japanese automaker pay a total of around ¥34.4 billion ($315 million) in compensation for their financial losses, the sources said Wednesday. ....

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