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Tuesday, September 24, 2019

Nissan, Carlos Ghosn settle with SEC over undisclosed pay

Carlos GhosnNissan and Carlos Ghosn on Monday settled with the Securities and Exchange Commission over fraud charges relating to the failure to disclose payments worth $140 million that Ghosn was to receive at retirement. As part of the deal, Nissan will pay $15 million and Ghosn $1 million in civil penalties to the SEC. Ghosn will also accept a 10-year...

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