How Carlos Ghosn Hid $140 Million in Compensation From Nissan

The settlement between the Securities and Exchange Commission, Nissan Motor Co. and Carlos Ghosn offers a rare glimpse into the steps that were taken to make sure more than $140 million paid to the ex-chairman wasn’t disclosed publicly.

That’s because many of the claims against Nissan and Ghosn haven’t been detailed in public documents in Japan. The charges against Nissan, Ghosn and Greg Kelly, the other ex-Nissan executive charged with financial crimes, don’t offer specifics, and their trial isn’t due to start until next year. Ghosn also faces charges in Japan related to money flows in the Middle ...