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Nomura (NMR +2.4%) becomes entangled in the AIJ Investment fraud case in Japan after a pension...

Feb. 28, 2012 11:08 AM ETNomura Holdings, Inc. (NMR) StockNMRBy: Clark Schultz, SA News Editor1 Comment
Nomura (NMR +2.4%) becomes entangled in the AIJ Investment fraud case in Japan after a pension fund says that it was lured to invest with the suspended company by a tie-in to the Nomura name. A spokesperson for the bank says that the wrongdoings were conducted by former employees and didn't involve participation by current personnel.

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