Financial Crime Financial Crime

JBS shareholders seek arbitration for damages based on misleading information in Brazil's stock exchange

By Caio Rinaldi
  • 25 Mar 2020 15:20
  • 25 Mar 2020 15:20
Shareholders seeking 1.4 billion reais ($271 million) in damages from Brazilian beef giant JBS for misleading information after the company went public in 2007 are seeking arbitration, a process expected to take a couple of years to conclude, MLex has learned.

The 95 shareholders in JBS, the world’s biggest meatpacker, filed an arbitration

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