Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Nidec Corporation due to allegations of materially misleading business information issued by the company [1]. Group 1: Investigation and Allegations - Nidec Corporation is facing scrutiny after a report indicated that its shares dropped 22% following the announcement of a probe into improper accounting practices within its group [3]. - The investigation stems from allegations that Nidec may have misled investors regarding its financial status, which has led to significant losses for shareholders [1][3]. Group 2: Class Action and Compensation - Shareholders who purchased Nidec securities may be eligible for compensation through a class action lawsuit, with no out-of-pocket fees due to a contingency fee arrangement [2]. - The Rosen Law Firm is preparing to file a class action to recover losses incurred by investors as a result of the alleged misleading information [2]. Group 3: Rosen Law Firm's Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company and consistently ranking among the top firms for settlements since 2013 [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability and experience in handling such cases [4].
ROSEN, TOP-RANKED INVESTOR COUNSEL, Encourages Nidec Corporation Investors to Inquire About Securities Class Action Investigation - NJDCY