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The Law Offices of Frank R. Cruz announces an investigation of KDDI Corporation (“KDDI” or the “Company”) (OTC: KDDIY) on behalf of investors concerning the Company’s possible violations of federal securities laws.
What Is The Investigation About?
On February 6, 2026, KDDI disclosed that it had “decided to postpone” its earnings report due to an ongoing investigation into “inappropriate transactions” at the Company’s wholly owned subsidiaries, where employees purportedly “executed fictitious transactions,” “resulting in the recording of fictitious revenue and other figures over multiple years.”
The Company disclosed a preliminary assessment of the impact of the “reversal of recorded revenue due to fictitious transactions,” including approximately ¥246 billion yen ($1.7 billion U.S. dollars).
On this news, KDDI’s stock price fell $2.03, or 11.4%, to close at $15.71 per share on February 6, 2026, thereby injuring investors.
If you suffered a loss on your KDDI Corporation investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.
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