NEW YORK--(BUSINESS WIRE)--Dec 21, 2025--
Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Nidec Corporation (“Nidec” or the “Company”) (OTC: NJDCY).
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Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
On September 3, 2025, Nidec disclosed it had established a third-party committee to investigate suspicions of improper accounting. The Company further revealed its "investigations found multiple documents suggesting that . . . the Company and its group companies could have engaged in improper accounting with the involvement or knowledge of its or their management[.]"
On this news, Nidec's stock price fell $0.81, or 16.5%, to close at $4.11 per share on September 4, 2025, thereby injuring investors.
Then, on September 26, 2025, Nidec disclosed further investigative findings of additional suspected inappropriate accounting practices, including "cases where the reported value for customs purposes was declared to be lower than the appropriate amount without legitimate reason." The Company also revealed that it "received an audit report containing a disclaimer of opinion" from its auditor due to the "ongoing investigations by the third-party committee, other internal investigations, and other action[s]."
On this news, Nidec's stock price fell $0.29, or 6.6%, to close at $4.09 per share on September 26, 2025.
Then, on October 23, 2025, Nidec published a press release announcing that it was withdrawing its year end forecast, and had decided not to pay a surplus dividend as "investigations by the Third Party Committee regarding suspected inappropriate accounting practices involving the Company and its group, as well as other internal investigations, are ongoing."
On this news, Nidec's stock price fell $1.17, or 25.4%, to close at $3.43 on October 23, 2025.
Finally, on October 27, 2025, the Tokyo Stock Exchange ("TSE") designated Nidec under a Special Security alert in part because "TSE deems that the improvement of the internal management system of said listed company is highly necessary." The alert noted that "[s]ince the initial issue was discovered, the scope of the investigation has continued to expand" and that "deficiencies have already been identified in the Company's company-wide internal control systems (particularly in areas related to information and communication), as well as in the internal controls related to its accounting and financial closing processes."
On this news, Nidec's stock price fell $0.80, or 20.3%, to close at $3.15 per share on October 27, 2025, thereby injuring investors further.
To learn more about the Nidec investigation, go to www.faruqilaw.com/NJDCY or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
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NJDCY INVESTOR ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Nidec
A Kremlin envoy said peace talks on a U.S.-proposed plan to end the nearly four-year war in Ukraine were pressing on “constructively” in Florida, while the Ukrainian president said they were moving “quickly.”
The talks are part of the Trump administration’s monthslong push for peace that also included meetings with Ukrainian and European officials in Berlin earlier this week.
“The discussions are proceeding constructively. They began earlier and will continue today, and will also continue tomorrow,” Kirill Dmitriev told reporters in Miami on Saturday.
Dmitriev met with U.S. President Donald Trump’s envoy Steve Witkoff and Trump’s son-in-law Jared Kushner, Russian state news agency RIA Novosti reported.
Zelenskyy wrote on Telegram Sunday that diplomatic efforts were “moving forward quite quickly, and our team in Florida has been working with the American side.” This came after Ukraine’s chief negotiator said Friday his delegation had completed separate meetings in the United States with American and European partners.
The Kremlin denied Sunday that trilateral talks involving Ukraine, Russia and the U.S. were under discussion, after Zelenskyy said Saturday that Washington had proposed the idea of three-way discussions.
“At present, no one has seriously discussed this initiative, and to my knowledge it is not being prepared,” Russian President Vladimir Putin's foreign affairs adviser Yuri Ushakov said, according to Russian state news agencies.
Trump has unleashed an extensive diplomatic push to end the war, but his efforts have run into sharply conflicting demands by Moscow and Kyiv. Putin has recently signaled he is digging in on his maximalist demands on Ukraine, as Moscow’s troops inch forward on the battlefield despite huge losses.
On Friday, Putin expressed confidence that the Kremlin would achieve its military goals if Kyiv didn’t agree to Russia’s conditions in peace talks.
The French presidency on Sunday welcomed Putin’s willingness to speak with President Emmanuel Macron, saying it would decide how to proceed “in the coming days.”
“As soon as the prospect of a ceasefire and peace negotiations becomes clearer, it becomes useful again to speak with Putin,” Macron’s office said in a statement. “It is welcome that the Kremlin publicly agrees to this approach.”
The statement came after reports that Putin was open to holding talks with the French president if there was mutual political will.
Macron’s office said any dialogue would aim “to contribute to a solid and lasting peace for Ukraine and Europe, in full transparency with President Zelenskyy and our European partners.”
European Union leaders agreed on Friday to provide 90 billion euros ($106 billion) to Ukraine to meet its military and economic needs for the next two years, although they failed to bridge differences with Belgium that would have allowed them to use frozen Russian assets to raise the funds. Instead, they were borrowed from capital markets.
In Ukraine, the country’s human rights ombudsman, Dmytro Lubinets, accused Sunday Russian forces of forcibly removing about 50 Ukrainian civilians from the Ukrainian Sumy border region to Russian territory.
Writing on Telegram, he said that Russian forces illegally detained the residents in the village of Hrabovske on Thursday, before moving them to Russia on Saturday.
Lubinets said he contacted Russia’s human rights commissioner, requesting information on the civilians’ whereabouts and conditions, and demanding their immediate return to Ukraine.
FILE - Russian Presidential foreign policy adviser Yuri Ushakov, left, U.S. President Donald Trump's son-in-law Jared Kushner, center, U.S. special envoy Steve Witkoff, foreground right, and Russian Direct Investment Fund CEO Special Presidential Representative for Investment and Economic Cooperation with Foreign Countries Kirill Dmitriev, behind Witkoff, arrive to attend talks with Russian President Vladimir Putin at the Senate Palace of the Kremlin in Moscow, Russia, Dec. 2, 2025. (Alexander Kazakov, Sputnik, Kremlin Pool Photo via AP, File)
