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Nissan books $84 million in Ghosn-related charges

Nissan Motor Co said it had booked around $84 million in charges related to under-reported compensation for ousted chairman Carlos Ghosn, and slashed its annual profit outlook on weaker global sales. Ed Giles reports......»»

Category: topSource: moneycentralFeb 12th, 2019

Yelp expects $8 million to $10 million in charges related to employee terminations, furloughs

Yelp Inc. issued a filing detailing the ways the company is responding to the COVID-19 outbreak Thursday, disclosing that it expects to incur $8 m.....»»

Category: topSource: marketwatchApr 9th, 2020

Under Armour to incur up to $525 million in 2020 restructuring charges, will layoff store workers starting April 12

Under Armour Inc. says it will incur pre-tax restructuring and related charges in the range of $475 millio.....»»

Category: topSource: marketwatchApr 3rd, 2020

Hexo loss widens in latest quarter, books impairment charges and goodwill writedowns

Hexo Corp. said Monday it had a net loss of C$298.2 million ($210.8 million) in its fiscal second quarter to Jan. 31, far wider than the loss of C$4.3 million posted in the year-earlier period. The Ottawa-ba.....»»

Category: topSource: marketwatchMar 30th, 2020

PG&E reaches plea agreement on manslaughter charges, to pay maximum $4 million in fines

PG&E Corp. announced Monday that it has resolved all state charges related to the 2018 Camp Fire through a plea agreement, which includes pleading guilty to 84 counts of involuntary manslaughter and one count of unlawfully starting.....»»

Category: topSource: marketwatchMar 23rd, 2020

Nissan Demands $90M In Damages From Former Chairman Carlos Ghosn

Nissan Motor Co Ltd (OTC: NSANY) has filed a civil lawsuit against its former chairman Carlos Ghosn demanding JPY 10 billion ($91.02 million) in dama read more.....»»

Category: blogSource: benzingaFeb 12th, 2020

Nissan sues Ghosn for damages, risks plunging to loss

Nissan Motor Co could be heading for its first quarterly loss in more than a decade, three company sources said on Wednesday, as news emerged the Japanese carmaker is seeking $91 million in damages from ousted former boss Carlos Ghosn......»»

Category: topSource: reutersFeb 12th, 2020

Nissan sues Ghosn in Japan, seeks $91M in damages

Nissan Motor Co. isn’t done with its pursuit of claims against Carlos Ghosn, suing for 10 billion yen ($91 million) in damages from the former chairman of the Japanese automaker and its alliance with Renault SA......»»

Category: topSource: moneycentralFeb 12th, 2020

Nissan sues Ghosn in Japan, seeks $91M in damages

Nissan Motor Co. isn’t done with its pursuit of claims against Carlos Ghosn, suing for 10 billion yen ($91 million) in damages from the former chairman of the Japanese automaker and its alliance with Renault SA......»»

Category: topSource: moneycentralFeb 12th, 2020

Nissan seeks $91 million in damages from Ghosn over alleged financial misconduct

Nissan Motor Co on Wednesday said it had filed a civil lawsuit in Japan against former Chairman Carlos Ghosn seeking 10 billion yen ($91.02 million) in damages over his alleged financial misconduct......»»

Category: topSource: reutersFeb 12th, 2020

Ghosn"s right-hand man stands high chance of acquittal in Japan: ex-prosecutor

A lieutenant to Carlos Ghosn who is facing charges in Japan for underreporting his salary at Nissan Motor Co stands a very high chance of being acquitted, as would Ghosn had he remained in Japan to face trial, a former prosecutor said......»»

Category: topSource: reutersJan 22nd, 2020

Ex-Nissan boss Carlos Ghosn"s lawyer Hironaka resigns

Japanese attorneys representing Carlos Ghosn, including lead lawyer Junichiro Hironaka, quit on Thursday following the former Nissan chief's flight to Lebanon from Japan, where he had been fighting financial misconduct charges. Ciara Lee reports......»»

Category: videoSource: reutersJan 16th, 2020

Carlos Ghosn"s Japanese lawyers quit after former Nissan chief absconds

Japanese attorneys representing Carlos Ghosn, including lead lawyer Junichiro Hironaka, quit on Thursday following the former Nissan chief's flight to Lebanon from Japan, where he had been fighting financial misconduct charges......»»

Category: topSource: reutersJan 16th, 2020

Ghosn "very comfortable" after Lebanon questioning: lawyer

Carlos Ghosn's lawyer said he was "very comfortable" with legal proceedings in Lebanon on Thursday, after the fugitive ex-Nissan boss was questioned over an extradition request from Japan where he faces financial misappropriation charges......»»

Category: topSource: reutersJan 9th, 2020

Ghosn is "very comfortable" with judicial path in Lebanon: lawyer

Former Nissan boss Carlos Ghosn is very comfortable with the judicial path in Lebanon, a lawyer for him said on Thursday, after he was questioned over an Interpol warrant issued by Japan seeking his arrest on financial misconduct charges......»»

Category: topSource: reutersJan 9th, 2020

Lebanon bans ex-Nissan boss Ghosn from traveling: judicial sources

A Lebanese prosecutor imposed a travel ban on former Nissan boss Carlos Ghosn on Thursday, judicial sources said, after he was questioned over an Interpol warrant issued by Japan seeking his arrest on financial misconduct charges......»»

Category: topSource: reutersJan 9th, 2020

Lebanon imposes travel ban on ex-Nissan boss Ghosn: judicial source

A Lebanese prosecutor imposed a travel ban on former Nissan boss Carlos Ghosn on Thursday, a judicial source said, after he was summoned over an Interpol warrant issued by Japan seeking his arrest on financial misconduct charges......»»

Category: topSource: reutersJan 9th, 2020

Lebanese investigators finish questioning Ghosn, file referred to prosecutor: judicial source

Lebanese investigators finished questioning former Nissan boss Carlos Ghosn on Thursday, a judicial source said, after he was summoned over an Interpol warrant issued by Japan seeking his arrest on financial misconduct charges......»»

Category: topSource: reutersJan 9th, 2020

Lebanon imposes travel ban on Ghosn after questioning over warrant: judicial source

A Lebanese prosecutor imposed a travel ban on former Nissan boss Carlos Ghosn on Thursday, a judicial source said, after he was questioned over an Interpol warrant issued by Japan seeking his arrest on financial misconduct charges......»»

Category: topSource: reutersJan 9th, 2020

Lebanese investigators question ex-Nissan boss Ghosn: source

Lebanese investigators questioned Carlos Ghosn on Thursday under the supervision of the prosecutor in Beirut, a judicial source said, after he was summoned over an Interpol warrant issued by Japan seeking his arrest on financial misconduct charges......»»

Category: topSource: reutersJan 9th, 2020

Seeking justice: the legal risks facing fugitive Carlos Ghosn

Carlos Ghosn said on Wednesday he was the victim of a conspiracy to oust him from the helm of automaker Nissan and escaped from Japan because he could not defend himself against baseless charges of financial misconduct......»»

Category: topSource: reutersJan 8th, 2020