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News  ›  Benzinga

NJDCY INVESTOR ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Nidec

Benzinga Logo Benzinga By Prnewswire
NJDCY INVESTOR ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Nidec

Nidec Corporation is under investigation for suspected improper accounting practices, leading to significant stock price declines and a Tokyo Stock Exchange special security alert.

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NJDCY   negative

Multiple investigations revealed potential accounting improprieties, stock price dropped substantially (over 30%), and Tokyo Stock Exchange issued a special security alert due to identified internal control deficiencies