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News  ›  GlobeNewswire Inc.

NJDCY Investors Have Opportunity to Join Nidec Corporation Fraud Investigation with the Schall Law Firm

GlobeNewswire Inc. Logo GlobeNewswire Inc. By The Schall Law Firm
NJDCY Investors Have Opportunity to Join Nidec Corporation Fraud Investigation with the Schall Law Firm

The Schall Law Firm is investigating potential securities law violations by Nidec Corporation after a CNBC article revealed accounting issues in its China unit, causing a 22.7% drop in ADR shares.

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NJDCY   negative

Company's shares plunged 22% following allegations of improper accounting in its China unit, indicating significant financial and governance concerns