![]() But Nissan’s disclosure of its problems at the top could cost it dearly, and deliver a potential gold mine for the lawyers who squeeze multimillion-dollar settlements out of corporations accused of wrongdoing.Ī small pension fund in Jackson, Mich., that says it serves over 1,200 members, the Jackson County Employees’ Retirement System, is helping to lead the way. That frankness may play well with the Japanese public and with prosecutors, who have charged the company and Mr. ![]() ![]() After the arrest last year of its chairman, Carlos Ghosn, Nissan has made a very public accounting of its management failures, from a lack of strong internal checks and balances to board meetings that lasted only 20 minutes.
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