Subjects: OTC, ATY
NISSAN SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Nissan Motors Co., Ltd. (NSANY)
NEW YORK, Oct. 25, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Nissan Motors Co., Ltd. ("Nissan" or the "Company") (OTC: NSANY). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/nsany.
The investigation concerns whether Nissan and certain of its officers and/or directors have violated Sections federal securities laws
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. Following 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.
If you are aware of any facts relating to this investigation, or purchased shares of Nissan, you can assist this investigation by visiting the firm's site: www.bgandg.com/nsany. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]
SOURCE Bronstein, Gewirtz & Grossman, LLC
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