Nissan, Ghosn fined $16 million by SEC for failing to disclose pay

Nissan, Ghosn fined $16 million by SEC for failing to disclose pay

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Nissan will pay $15 million, while Carlos Ghosn agreed to a $1 million civil penalty and a 10-year ban from serving as an officer or director of a publicly traded U.S. company, the SEC said. Ghosn was arrested in Japan and fired by Nissan last year. He is awaiting trial in Tokyo on financial misconduct charges that he denies.

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