UPDATE: Nissan Plans to File Damage Claim Against Ghosn
Nissan Motor Co. reportedly plans to file a civil lawsuit in Japan that demands former Chairman Carlos Ghosn pay for damages resulting from his alleged misuse of corporate funds.
#legal
Nissan Motor Co. reportedly plans to file a civil lawsuit in Japan that demands former Chairman Carlos Ghosn pay for damages resulting from his alleged misuse of corporate funds.
A Nissan source tells Reuters the company won’t take action until the expanding list of charges against Ghosn is completed. Ghosn has been charged with failing to report $82 million in deferred compensation between fiscal 2010-2017 and temporarily transferring $16 million in currency trade losses to the company.
Japanese prosecutors also reportedly are investigating whether Ghosn misused company funds to acquire and remodel multiple residences, get his sister a job as a consultant to Nissan and make payments to a Saudi businessman for helping him cover debts on personal currency trade losses.
RELATED CONTENT
-
Report: Ghosn Kept List of Hidden Compensation
Japanese prosecutors have found a list apparently created by former Nissan Motor Co. Chairman Carlos Ghosn that charts compensation the company didn’t report but he expected to receive, The Nikkei says.
-
The Law and Autonomous Cars
Features that enable your car to drive itself are coming to market now, but regulations to govern their performance have lagged, notes Jennifer Dukarski, an attorney with the Butzel Long law firm.
-
Tesla Sued Over Fatal Crash of Car in Autopilot Mode
Tesla Inc. has been sued by the family of a California man whose Tesla Model X crossover vehicle crashed into a highway barrier last year while the car was operating in semi-autonomous Autopilot mode.