InvestorGreg
News
Nissan Is Being Investigated in the USA

Nissan Is Being Investigated in the USA

Published by InvestorGreg Editorial Team

January 30th, 2019

The US Securities and Exchange Commission (SEC) is conducting an investigation of Nissan, the Japanese motor manufacturer, concerning payments to the Company’s managers. Bloomberg reports this on Monday quoting sources.

According to it, the regulator is trying to verify the accuracy of the information disclosed by Nissan on payments to its management in the USA. The SEC also wants to establish whether the motor manufacturer maintained an appropriate level of control in order to prevent unreasonable payments.

On November 19, last year, former Head of the Renault – Nissan – Mitsubishi, the French-Japanese Automobile Alliance, Carlos Ghosn, and former member of the Nissan Board of Directors, Greg Kelly, were received into a Tokyo prison when they were arrested on suspicion of violating the Japanese financial law. It should have said that Gon, with the help of Kelly, could conceal his true remuneration amount as the Chairman of the Nissan Board of Directors in the period of 2010-2015.

About the author

InvestorGreg Editorial Team

The InvestorGreg Editorial Team is a group of financial writers and analysts who cover the worlds of finance and investment. Read more

Recommended Financial Products

Fidelity

A household name, Fidelity has always been known to be a reputable investment firm. In our Fidelity Broker Review, we will examine some of the pros and cons of this broker as well as the fees charged by the broker.

Fidelity Review

Charles Schwab

Charles Schwab has been one of the leading full-service brokers for decades. They have more than $3 trillion in client assets and there are more than 10.5 million active brokerage accounts.

Charles Schwab Review

E*TRADE

ETrade is a broker that has long been at the forefront of online trading. They made their first online trade in 1982. Let’s take a look at the broker offering and see if they are right for you.

E*TRADE Review

Vanguard

Vanguard Brokerage, an excellent choice of broker for low cost longterm investment. The broker offers the lowest expense ratio for index funds and ETF's.

Vanguard Review

Full list of recommended

Suggested For You

Square Payment Service Lost $28 Million for the Quarter MAR 1, 2019 The quarterly loss of Square, an American financial and technological company, increased by 78%. The shares began to fall in price. Investors are disappointed in the Company’s prospects.

The Largest Banking Transaction for the Last 10 Years Is Being Prepared in the USA FEB 8, 2019 BB&T, an American financial company, and SunTrustBanks, an American banking holding, will be merged by creating the sixth largest banking holding company in the country, as it is reported in BB&T’s release.

The European Commission Fined Mastercard for €570 Million JAN 24, 2019 The European Commission fined the Mastercard payment system for €570.6 million ($648.3 million) for abusing the dominant position in the EU non-cash transaction market.

Hyundai Motor Net Profit for 2018 Decreased Almost 3 Times JAN 26, 2019 The net profit of Hyundai Motor, a South Korean automobile manufacturer, in 2018 decreased by 2.8 times compared with 2017 – to 1.65 trillion KRW (1.5 billion USD), follows from the Company’s report.

Global Payments and Total System Services Merged MAY 29, 2019 Global Payments and Total Systems Services, US payment services, concluded a merger agreement. It is planned to close the deal in the fourth quarter of 2019.