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Montevideo, November 5th 2024 - 05:48 UTC

Tag: Judge Jefd Rakoff

  • Monday, July 13th 2015 - 09:30 UTC

    Petrobras faces major class action lawsuit in US next February

    The investors of the company argue that Petrobras had window dressed the company’s accounts in order to make them appear more attractive

    Brazil's state-run oil producer Petrobras, said in a securities filing on Friday that its motion to dismiss a class-action lawsuit in the United States had been denied by the court. Petrobras said part of the complaint against the company relating to bonds issued in the United States in 2012 was denied.