Carlos Ghosn sues Nissan and Mitsubishi for breach of contract: report
Former auto titan Carlos Ghosn, currently under house arrest in Tokyo, is suing Nissan Motor Co. and Mitsubishi Motors Corp. in a Dutch court for "improper termination" of his contract, French newspaper Le Figaro reported Wednesday. Ghosn is accusing the Japanese manufacturers of breaching his ...
Ghosn abruptly cancels news conference due to opposition from his family
Former Nissan Motor Co. Chairman Carlos Ghosn abruptly canceled a news conference on Friday, just hours after notifying the media of the plan, due to opposition from his family, one of his lawyers said. Ghosn, who is preparing for a trial over financial misconduct charges, ...
Carlos Ghosn's wife has a message for the G20
She wants the world leaders gathered in Osaka to notice how Japan's "hostage justice" system has mistreated Nissan's ex-chairman.
Japan securities regulator seeking to fine Nissan more than ¥2 billion, says source
Japan's securities regulator will seek a fine on Nissan Motor Co. of more than ¥2 billion ($19 million) for allegedly underreporting the pay of the company's former chairman, Carlos Ghosn, according to a person familiar with the matter. The Securities and Exchange Surveillance Commission will ...
Nissan to cancel Carlos Ghosn's retirement and stock-linked compensation benefits
In the latest steps by the Japanese automaker to distance itself from its former chairman, Nissan Motor Co. is canceling yet-to-be-paid compensation benefits for Carlos Ghosn. Ghosn, who was arrested in November on charges of financial misconduct, will no longer receive unpaid retirement benefits of ...
Regulator mulls fining Nissan ¥2.4 billion over Ghosn pay report
The Securities and Exchange Surveillance Commission is considering fining Nissan Motor Co. at least ¥2.4 billion ($22 million) over allegations the automaker underreported former chairman Carlos Ghosn's remuneration, a source close to the matter said Wednesday. The recommendation by the securities watchdog, which has filed ...
Will Nissan reforms finally bring end to corporate governance woes?
In many ways, the problems surrounding Nissan Motor Co. have spawned renewed interest in the state of Japan's corporate governance. Initially, Nissan's corporate governance practices came under fire following the arrest of its former chairman, Carlos Ghosn, as allegations emerged that the former chairman misused ...
Ghosn lawyer asks why charges were dropped against Nissan CEO Hiroto Saikawa
Explanation requested over the decision not to indict the automaker’s chief for his involvement in the ex-chairman’s alleged financial misconduct.
Nissan board due to question CEO Hiroto Saikawa on 2013 house purchase
Nissan Motor Co. Chief Executive Officer Hiroto Saikawa is due to be questioned by the board on Monday about allegations by a former senior executive that he broke company rules to pay for a house in Tokyo, according to people familiar with the matter. Saikawa ...
Tokyo Detention House, in spotlight after Carlos Ghosn's extended stay, rejects criticisms
The case against Nissan Motor Co.'s former Chairman Carlos Ghosn has recently put Japan's controversial criminal justice and detention system in the spotlight, provoking calls for an overhaul of procedures that keep suspects in detention longer if they continue to deny allegations made against ...
Nissan CEO Hiroto Saikawa sought special deal on stock options in 2013, says former Ghosn aide
A former senior board member of Nissan Motor Co. said the company's current chief executive officer sought an exception on the sale of compensation-linked stock, which resulted in him earning a higher profit, according to a Japanese media report. Greg Kelly, who was arrested the ...
Carlos Ghosn's lawyers surprised to hear Renault board has started legal proceedings based on audit
Former Nissan Chairman Carlos Ghosn’s lawyers say they were surprised to hear that the board of Renault SA has started proceedings against their client based on an audit report.
