NEW YORK, Dec. 4, 2018 /PRNewswire/ -- Wolf Popper LLP is investigating potential securities fraud claims on behalf of investors in Nissan Motor Co., Ltd. NSANY and Renault SA RNLSY. Nissan and Renault investors should contact Fei-Lu Qian at 877.370.7703 or at fqian@wolfpopper.com.
On November 19, 2018, various media outlets including MarketWatch reported that Nissan's Chairman, Carlos Ghosn, had been arrested "on financial charges, and Nissan said it intended to oust him from his post after uncovering significant misconduct." Ghosn is also the Chief Executive Officer of Renault, which owns 43% of Nissan.
As a result of this news, on November 19, 2018, Nissan ADRs declined $1.05 or nearly 6%, and Renault ADRs declined $1.04 or 7%.
Wolf Popper has successfully recovered billions of dollars for defrauded investors. The firm's reputation and expertise have been repeatedly recognized by the courts, which have appointed the firm to major positions in securities litigation. See www.wolfpopper.com.
Attorney Advertising: Prior Results Do Not Guarantee A Similar Outcome.
Wolf Popper LLP
Fei-Lu Qian
845 Third Avenue
New York, NY 10022
Tel.: 877.370.7703
Fax: 877.370.7704
Email: fqian@wolfpopper.com
View original content:http://www.prnewswire.com/news-releases/wolf-popper-llp-announces-investigation-on-behalf-of-investors-in-nissan-motor-co-ltd-and-renault-sa-300760092.html
SOURCE Wolf Popper LLP
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.