VOICED : Petrobras pagara USD 2.950 millones para cerrar demanda en NY

VOICED : Petrobras pagara USD 2.950 millones para cerrar demanda en NY

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Interactive Video

Business, Social Studies, History

9th - 12th Grade

Hard

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Petrobras has agreed to pay $2.95 billion to settle a class-action lawsuit filed by investors in New York, who claim they suffered losses due to a corruption scandal within the company. The payment will be made in three installments, with the final one due by January 15, 2019. Petrobras has already settled 21 other cases in the US and still faces 13 individual lawsuits, along with ongoing legal issues in Brazil and Holland. The company considers itself a victim of the corruption scandal, which has led to the imprisonment of several business and political elites.

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