Bloomberg: Nissan, Ghosn Fined Over Claims They Hid $140 Million in Pay
https://finance.yahoo.com/news/nissan-g ... 10778.html
Nissan was fined $15 million over the allegations, while Ghosn, 65, was hit with a $1 million penalty, the Securities and Exchange Commission said in a Monday statement.
The SEC also reached a settlement with former Nissan director Greg Kelly, who agreed to pay a $100,000 fine over allegations that he helped hide Ghosn’s pay. Ghosn was barred from serving as a director or officer of a public company for 10 years, while Kelly agreed to a five-year ban. Nissan, Ghosn and Kelly, 63, all resolved the cases without admitting or denying wrongdoing.
This story had a different headline and emphasis.
https://www.autoblog.com/2019/09/23/nis ... ettle-sec/
Nissan and Carlos Ghosn settle SEC claims over undisclosed compensation
None of the parties involved have admitted guilt