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News  ›  Benzinga

Rosen Law Firm Encourages Nidec Corporation Investors to Inquire About Securities Class Action Investigation - NJDCY

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Rosen Law Firm Encourages Nidec Corporation Investors to Inquire About Securities Class Action Investigation - NJDCY

Rosen Law Firm has announced an investigation into potential securities claims against Nidec Corporation following allegations of materially misleading business information. The investigation was triggered after Nidec announced a probe into improper accounting issues at its China unit on September 3, 2025, causing the company's ADRs to plummet 22.7% the following day. The firm is preparing a class action lawsuit to recover investor losses.

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MS   neutral

Mentioned as a conference host with no specific positive or negative context


NJDCY   negative

The company faces a securities class action investigation due to allegations of materially misleading business information and improper accounting issues in its China unit. The stock experienced a significant 22.7% decline following the announcement of the accounting probe, indicating serious investor concerns about financial integrity and potential fraud.