Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Nissan Motor Co Ltd (OTC: NSANY) violated securities laws in connection with certain financial statements.
The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Nissan Motor Co Ltd (OTC: NSANY) concerning whether a series of statements by Nissan Motor Co Ltd regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On October 19, 2017, the Company revealed it was suspending all vehicle production for the Japanese market at all Nissan and Nissan Shatai plants in Japan to address ongoing misconduct arising from unregistered technicians performing final inspections of vehicles for the Japanese market.
Following this news, OTC: NSANY dropped almost $0.40 per share or over 2% to close at $19.00 per share on October 19, 2017.
Based in Yokohama, Japan, and founded in 1933 Nissan Motor Co Ltd manufactures and sells vehicles and automotive parts worldwide.
If you purchased shares of Nissan Motor Co Ltd (OTC: NSANY) on or before October 19, 2017, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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