September 23, 2019 / 2:49 PM / a month ago

Carlos Ghosn reached civil settlement with U.S.'s SEC - lawyers

PARIS, Sept 23 (Reuters) - Former Nissan Chairman Carlos Ghosn has reached a civil settlement with the U.S. Securities and Exchange Commission to resolve its investigation of alleged violations of U.S. securities laws, Ghosn’s lawyers said in a statement on Monday.

“We are pleased to have resolved this matter in the U.S. with no findings or admission of wrongdoing,” his defence team said. Ghosn would continue to fight a criminal case in Japan, they added.

The statement gave no further details of the settlement. (Reporting by Gilles Guillaume, Writing by Sarah White, Editing by Benoit Van Overstraeten)

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