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Petrobras to Pay $2.95 Billion to Settle U.S. Class Action Over Corruption

By Brendan Pierson NEW YORK, Jan 3 (Reuters) – Brazil’s state-controlled oil company, Petroleo Brasileiro SA, said Wednesday that it has agreed to pay $2.95 billion to Settle a U.S. class action brought by investors seeking to recoup money they claim to have lost as a result of a corruption scandal. Petrobras, as the company […]

The post Petrobras to Pay $2.95 Billion to Settle U.S. Class Action Over Corruption appeared first on gCaptain.



This post first appeared on GCaptain - Maritime News, please read the originial post: here

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Petrobras to Pay $2.95 Billion to Settle U.S. Class Action Over Corruption

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