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Nidec Takes Legal Action Against Execs | Markets & Money News
Nidec Corp is considering legal action against current and former executives linked to a significant accounting scandal that nearly led to their delisting. An independent investigation has prompted potential claims for damages, reflecting the company's commitment to accountability. Shares recently fell by almost 14% this year, impacted by a major earnings impairment tied to improper accounting practices. With their auditor, PwC, refusing to approve annual earnings, Nidec faces substantial
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