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Jackson County Employees' Retirement System v. Ghosn et al

  1. April 25, 2022

    Nissan, Investors Ink $36M Deal To End Pay Scandal Suit

    Nissan Motor Co. Ltd. has inked a $36 million deal to end a proposed securities fraud class action from pension funds alleging the scandal surrounding ex-Nissan chairman and CEO Carlos Ghosn's purported financial misdeeds triggered investors' losses, according to a Tennessee federal court filing Friday.

  2. July 14, 2021

    Nissan Investors Fight Ex-Exec's Latest Bid To Exit Fraud Suit

    Investors urged a Nashville federal judge to reject a former Nissan Motor Co. executive's attempt to challenge a ruling that kept him on the hook in a proposed securities fraud class action based on the carmaker's 2018 financial scandal.

  3. March 22, 2021

    Nissan Investors Say Ex-CFO Can't Dodge Pay Scandal Suit

    Investors have urged a Tennessee federal judge not to let a former Nissan executive out of their suit over a 2018 deferred compensation scandal, arguing that his escape bid is "an unapologetic rehash" of arguments that the court "flatly rejected" last year.

  4. March 08, 2021

    Ex-Nissan CFO Says SEC Exonerated Him In Pay Scandal Suit

    A former Nissan executive pushed a Tennessee federal court to release him from a proposed securities class action, arguing Friday that the U.S. Securities and Exchange Commission already "exonerated" him for his alleged part in a 2018 deferred compensation scandal.

  5. February 05, 2021

    Funds Rip Ghosn's Appeal Bid In Nissan Pay Scandal Suit

    Two pension funds said Thursday that Nissan's fugitive ex-chairman Carlos Ghosn must face claims in Tennessee federal court alleging his purported financial misdeeds triggered investors' losses and that he shouldn't be allowed to pursue an immediate appeal in a bid to escape jurisdiction.

  6. January 04, 2021

    Nissan Exec Freed From Investors' Pay Scandal Suit

    A Tennessee federal judge dismissed one Nissan executive from a putative securities fraud class action, but kept others who have been trying to get out of a suit that seeks to hold the automaker and its fugitive ex-chairman liable for investors' alleged losses.

  7. November 05, 2020

    Nissan Says US Pay Scandal Suit Must Be Trimmed

    Nissan Motor Co. Ltd. asked a Tennessee federal court Thursday to trim a Michigan pension fund's securities fraud suit seeking to hold the automaker and fugitive ex-chairman Carlos Ghosn liable for investors' alleged losses after Ghosn's purported financial misdeeds made headlines in 2018.

  8. February 19, 2020

    Nissan's Fugitive Ex-Chief Wants US Pay Scandal Suit Tossed

    The embattled former chief of Nissan argued Tuesday that U.S. courts lack jurisdiction to hear a Michigan pension fund's securities fraud suit that claims his alleged financial misconduct in Japan blew back on investors — and his fugitive status doesn't change that.

  9. February 12, 2020

    Fund Says Fugitive Ex-Nissan Exec Must Face Securities Suit

    If Nissan Motor Co.'s ex-chairman wanted a federal judge to buy his argument that he can't face a securities fraud suit in Tennessee due to an upcoming trial in Japan, he shouldn't have fled that country in a suitcase, a pension fund argued Wednesday.

  10. November 19, 2019

    US Can't Hear Nissan Ex-CEO Pay Scandal Suit, Court Told

    Nissan Motor Co.'s embattled former chairman and the automaker's current top brass maintained Monday that U.S. courts don't have jurisdiction to hear a Michigan pension fund's securities fraud suit claiming the ex-chairman's alleged financial misconduct in Japan blew back on investors.