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(Bloomberg) -- Rahm Emanuel, nominated as the next U.S. ambassador to Japan, said he will make it a priority to look into the criminal trial of a former Nissan Motor Co. director who was charged with helping Carlos Ghosn understate his compensation.
Ghosn also faced charges he misdirected Nissan funds for own gain, and escaped trial
Nissan has agreed to settle a class action suit by investors who said they were misled about a compensation plan that allegedly saw the former chairman be overpaid.
Under Armour Inc shareholders may pursue a lawsuit accusing the sports apparel company of concealing how it pulled sales forward from future quarters to meet Wall Street revenue forecasts, the subject of a recent regulatory settlement, a federal judge ruled on Tuesday.
Under Armour shareholders can sue over sales disclosures -judge By Jonathan Stempel Reuters (Reuters) - Under Armour Inc shareholders may pursue a lawsuit accusing the sports apparel company of concealing how it pulled sales forward from future quarters to meet Wall Street revenue forecasts, the subject of a recent regulatory settlement, a federal judge ruled on Tuesday. U.S. District Judge Richard Bennett in Baltimore said the shareholders' securities fraud claims were "plausible," after taking into account Under Armour's $9 million civil settlement on May 3 with the Securities and Excha...