06/12/2018 17:05:02

SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Petróleo Brasileiro S.A. – Petrobras (PBR)

NEW YORK, Dec. 06, 2018 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Petróleo Brasileiro S.A. – Petrobras ("Petrobras" or the “Company") (NYSE: PBR). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/pbr.

The investigation concerns whether Petrobras and certain of its officers and/or directors have violated federal securities laws.

On December 5, 2018, Reuters published an article how Glencore and other trading firms paid $30+ million in bribes to Petrobras employees in a possibly ongoing scheme. As part of the scheme, Petrobras employees gave the trading companies lower prices on oil, derivatives, and storage tanks, then shared in the savings. The article continued to state that Petrobras top executives had “total and unequivocal” knowledge of the graft scheme. Following this news, Petrobras stock has dropped during intraday trading on December 6, 2018.

If you are aware of any facts relating to this investigation, or purchased Petrobras shares, you can assist this investigation by visiting the firm’s site: bgandg.com/pbr. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484. 

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration.   Attorney advertising. Prior results do not guarantee similar outcomes.


Bronstein, Gewirtz & Grossman, LLC

Peretz Bronstein or Yael Hurwitz

212-697-6484 | info@bgandg.com

BGG Logo.jpg

Related content
16 Apr - 
Factors of Influence in 2019, Key Indicators and Opport..
25 Feb - 
New Research Coverage Highlights Enbridge, Petroleo Bra..
12 Dec - 

Post comment

Related debate

  • 1 week
  • 1 month
  • 1 Year
Ingen indlæg


EuroInvestor: In Focus


EuroInvestor: In Focus


EuroInvestor: In Focus

Most read news

  • 24 hours
  • 48 hours
  • 1 week
HQDA Acquires 51% of Palua Airline and Tourism Companies
Upper Street Marketing Inc. Announces Strategic Partnership in Canada
Bragar Eagel & Squire, P.C. is Investigating Lyft, Inc. (LYFT) on Behalf of Stockholders and Encourages LYFT Investors to Contact the Firm
American Indian College Fund Celebrates 30 Years of Service to Native Americans Pursuing Higher Education
Oak Valley Bancorp Reports 1st Quarter Results

Related stock quotes

Latest news

Copyright Berlingske Media 2019  Cookie- and Privacy policy  |  Cookies  |   General terms of trade  |   Terms of use and IP rights
Quote information is delivered by Morningstar.
Data is delayed 15-20 minutes according to the distribution agreements set by the different exchanges.
19 April 2019 10:09:21
(UTC+00:00) Dublin, Edinburgh, Lisbon, London
Version: LiveBranchBuild_20190410.2 - EUROWEB4 - 2019-04-19 11:09:21 - 2019-04-19 10:09:21 - 1000 - Website: OKAY