Consent Judgment Entered Against Brazilian Reinsurer In Suit Over 2020 False Claim

Mealey's (May 16, 2023, 8:20 AM EDT) -- NEW YORK — Days after the U.S. Securities and Exchange Commission filed an enforcement action against a Brazilian reinsurance company over a false 2020 claim of substantial investment by Berkshire Hathaway Inc., a New York federal judge has entered a consent judgment containing a permanent injunction but no monetary penalty....