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US Judge names lead plaintiff in class-action lawsuit against Petrobras

Thursday, March 5th 2015 - 08:23 UTC
Full article 5 comments

A U.S. federal judge on Wednesday named a trustee of a British pension fund as the lead plaintiff in a class-action lawsuit against Brazil's state-run oil company Petrobras and its top executives. Read full article

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  • Brasileiro

    And what was the amount they invested?

    Mar 05th, 2015 - 09:40 am - Link - Report abuse 0
  • Conqueror

    'However president Rousseff opted for the Mantega option forcing Foster to step down, and a month ago Ms Foster was replaced with Aldemir Bendine, CEO of state-run Banco do Brasil SA.'

    Corrupt, terrorist Rousseff.

    Mar 05th, 2015 - 12:54 pm - Link - Report abuse 0
  • GeoffWard2

    Well! It looks like my pensions scheme (USS) is leading the class-action against Rousseff , 'the 54' and Petrobras.
    Let's hope the class action doesn't drain my pension resources!

    Mar 05th, 2015 - 02:13 pm - Link - Report abuse 0
  • yankeeboy

    Let's predict how this will roll out, PBR will have its bonds called, they will be delisted from NYSE and will be wholly owned by the Brazilian Gov't and they will cover up the missing U$.

    Its a neverending story in the Alba nations but the outcome is always the same.

    Back to the 90s Brazil.
    If your lucky the Military will shoot all the corrupted pols, their families and confiscate all their stolen loot.
    If you're lucky.

    Mar 05th, 2015 - 02:27 pm - Link - Report abuse 0
  • ChrisR

    Ah, the children who run the countries of SA can't help putting their hands in the sweetie jar, can they? Or, in the case of Brazil, the sweetie factory.

    Brasso as always asks completely the wrong question which makes him look even more foolish than ever.

    So DumbAss went for her 'cock de jour' and got it wrong as well.

    Military government on the way back do we think? 50 / 50 I reckon.

    Mar 05th, 2015 - 04:16 pm - Link - Report abuse 0

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