TOKYO -- Top Nissan Motor executives who failed to detect the alleged wrongdoing by indicted ex-Chairman Carlos Ghosn could face civil lawsuits for their inaction, experts say.
Prosecutors on Monday indicted Ghosn and the automaker in violation of the Financial Instruments and Exchange Act for underreporting the ex-chairman's pay in its annual reports. The law has a "dual liability provision" that enables prosecutors to level criminal charges against the company as well individuals.
