What Happened on First Day of Eike Batista Trial?

The video discusses a legal case involving IKEA, accused of insider trading and market manipulation. The court proceedings began with the prosecutor presenting their case, and the next hearing is scheduled for December 10th. Batista, the accused, has denied the allegations, claiming he did not trade on insider information. His net worth has drastically fallen, causing public outrage. The case is significant as no one in Brazil has been imprisoned for such crimes before. A verdict is expected by March next year. The case highlights economic disparities and has drawn significant public attention.

What was the reason given by the lawyer for wanting to close the proceedings to the press?

What are the charges against Mr. Batista?

What was Mr. Batista's net worth in 2012, and what is it now?

Has anyone ever been imprisoned in Brazil for insider trading or market manipulation?

What is the judge's timeline for delivering a verdict in this case?