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NSANF.US
id: 247, Created by George Scott, Scout
Nissan Motor Co. Ltd.
Settled
11 May 2014
Class period Start16 November 2018
Class period End14 September 2022
Claim deadlineJackson County Employees’ Retirement System v. Ghosn.Plaintiffs allege that throughout the Class Period, Defendants engaged in a scheme to defraud and made materially false and misleading statements and/or failed to disclose adverse information regarding the Company’s business and operations, which caused the prices of the Company’s securities to trade at artificially inflated prices, until the circumstances concealed by the alleged fraud were revealed, and the Company’s stock prices significantly declined.
Alleged Offence
Other
Suspected Party
Other
Security Type
Stocks
Trade Direction
Long
Lead plaintiff
Jackson County Employees’ Retirement System, Providence Employees Retirement System
Attorney
Robbins Geller Rudman & Dowd LLP
Court
Middle District of Tennessee
Administrator
Gilardi & Co LLC
Court hearing date
19 September 2022
+$36,000,000
Total Settlement Amount