Settlement Approval Hearing in Nissan Data Incident Class Action [Yahoo! Finance]
NISSAN MOTOR LTD S/ADR (NSANY)
US:NASDAQ Investor Relations:
nissan-global.com/en/ir
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Source: Yahoo! Finance
Nissan Canada Inc., Nissan Canada Financial Services Inc. / Services Financier Nissan Canada Inc. and Nissan North America, Inc. ("Nissan") in Ontario and the second which was instituted against Nissan Canada Inc. in Québec The lawsuits allege that Nissan is liable for damages resulting from an incident in which it received an anonymous email from an unknown individual claiming to have information about Nissan customers, and demanding a ransom be paid to return the data (the "Data Incident"). Nissan denies any wrongdoing, and none of the allegations of the lawsuit have been proven. The parties have instead decided to settle the lawsuit. Class members include: (i) residents in Québec who had an active lease or loan with Nissan between December 22, 2016 and January 12, 2017 ; and (ii) residents in Québec who received a letter from Nissan in January 2018 informing them of the Data Incident; and (iii) residents in the rest of Canada (excluding Québec) who had active leases or loans wi
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