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News  ›  GlobeNewswire Inc.

NJDCY Announcement: If You Have Suffered Losses in Nidec Corporation (OTC: NJDCY), You Are Encouraged to Contact The Rosen Law Firm About Your Rights

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Rosen Law Firm
NJDCY Announcement: If You Have Suffered Losses in Nidec Corporation (OTC: NJDCY), You Are Encouraged to Contact The Rosen Law Firm About Your Rights

Rosen Law Firm is investigating potential securities claims against Nidec Corporation after a CNBC article revealed accounting issues in its China unit, causing a 22% stock price drop.

Insights
CNA   positive

Core income grew 40% year-over-year, with reduced catastrophe losses and improved underwriting results


NJDCY   negative

Stock experienced significant 22.7% price decline following allegations of improper accounting practices in its China unit, indicating serious potential financial misconduct