Nidec Legal Reckoning Reaches Founder, Shares Drop to Decade Low
Nidec Corp. shares fell to their lowest in a decade after an outside committee concluded that founder Shigenobu Nagamori and other current or former executives bear civil liability for damages...
By Reed Stevenson · Bloomberg
Nidec Corp. shares fell to their lowest in a decade after an outside committee concluded that founder Shigenobu Nagamori and other current or former executives bear civil liability for damages linked to years of improper accounting.