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KM Financial Solutions | Petrobras to pay $2.95 bln to settle U.S. class action over corruption
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Petrobras to pay $2.95 bln to settle U.S. class action over corruption

02 Jan Petrobras to pay $2.95 bln to settle U.S. class action over corruption

Posted at 09:37h in News by
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NEW YORK, Jan 3 (Reuters) – Brazil’s state-controlled oil
company, Petroleo Brasileiro SA, said Wednesday that
it has agreed to pay $2.95 billion to settle a U.S. class action
brought by investors seeking to recoup money they claim to have
lost as a result of a corruption scandal.

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