|Company Name||Renault SA|
On November 19, 2018, various news sources reported that Renault’s Chief Executive Officer and Nissan Chairman, Carlos Ghosn, was arrested after an internal company investigation revealed Ghosn had underreported his compensation to the Japanese financial authorities for several years. On this news, shares of Renault fell nearly 4%, to close at $13.13, on November 20, 2018, thereby injuring investors.
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