NEW YORK -- Nissan Motor and its ex-Chairman and CEO Carlos Ghosn will pay a combined $16 million to settle fraud charges alleging they hid compensation to the former chief, the U.S. Securities and Exchange Commission announced Monday.
Nissan's Ghosn crisis
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Ex-CEO barred from executive jobs in US for 10 years
Former Nissan Motor Chairman Carlos Ghosn, left, and former Nissan executive Greg Kelly arrive for a pre-trial hearing at the Tokyo District Court on June 24. (Photos by Karina Nooka)
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