Shareholder alert: investigation on behalf of investors of petrÓleo
brasileiro s.a. − petrobras announced by law offices of howard g. smith
Bensalem, pa.--(business wire)--law offices of howard g. smith announces that it is investigating potential claims on behalf of investors of petrÓleo brasileiro s.a. − petrobras (“petrobras” or the “company”) (nyse:pbr) concerning possible violations of federal securities laws. the investigation is focused on the company’s business, operations and financial performance. petrobras operates as an integrated oil and gas company engaged in the exploration, development, production and sale of crude oil, natural gas liquids and natural gas in brazil and internationally. the investigation is related to allegations that the company misrepresented or failed to disclose a multi-billion dollar money-laundering and bribery scheme embedded in the company, and that petrobras inflated the value of the company’s construction contracts, which overstated its property, plant and equipment line item on its balance sheet. if you purchased petrobras american depositary shares between january 7, 2010 and november 26, 2014, if you have information or would like to learn more about these claims, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact howard g. smith, esquire, of law offices of howard g. smith, 3070 bristol pike, suite 112, bensalem, pennsylvania 19020 by telephone at (215) 638-4847, toll free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
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