Petrobras Agrees To Pay $2.95B To Settle Securities Class Action Claims

Mealey's (January 4, 2018, 2:50 PM EST) -- NEW YORK — Brazilian oil company Petróleo Brasileiro S.A. (Petrobras) will pay $2.95 billion to settle claims that it concealed from investors its involvement in an illegal bribery and kickback scheme...
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