September 23, 2019 / 2:53 PM / 2 months ago

Carlos Ghosn reached civil settlement with U.S.'s SEC - lawyers

FILE PHOTO: Former Nissan Motor Chairman Carlos Ghosn leaves his lawyer's office in Tokyo, Japan in this photo taken by Kyodo April 3, 2019.Picture taken on April 3, 2019. Mandatory credit Kyodo/via REUTERS

PARIS (Reuters) - Former Nissan (7201.T) Chairman Carlos Ghosn has reached a civil settlement with the U.S. Securities and Exchange Commission to resolve its investigation of alleged violations of U.S. securities laws, Ghosn’s lawyers said in a statement on Monday.

“We are pleased to have resolved this matter in the U.S. with no findings or admission of wrongdoing,” his defence team said. Ghosn would continue to fight a criminal case in Japan, they added.

The statement gave no further details of the settlement.

Reporting by Gilles Guillaume, Writing by Sarah White, Editing by Benoit Van Overstraeten

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below