SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Nissan Motor Co., Ltd. - NSANY

NEW YORK, Oct. 25, 2017

The investigation concerns whether Nissan and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

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On October 19, 2017, Nissan announced that the Company was suspending all production for the Japanese market after a third-party investigator reported that employees without proper authorization had conducted final inspections of vehicles produced at Nissan's Japanese plants intended for the domestic market before they were shipped to dealers.  On this news, Nissan's American Depositary Receipt price fell $0.41, or 2.09%, to close at $19.00 on October 19, 2017. 

On October 20, 2017, Japanese national broadcaster NHK reported that an internal investigation at Nissan had shown that the Company had failed to follow proper final inspection procedures required by Japan's transport ministry for at least 20 years.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com

CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com