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Petrobras to pay $2.95 bln in U.S. class action

Wednesday, January 03, 2018 - 01:35

Brazil's state-controlled oil company, Petroleo Brasileiro SA, agreed to pay $2.95 billion to settle a U.S. class action lawsuit brought by investors who claim they lost money as a result of a corruption scandal. Fred Katayama reports.

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Brazil's state-controlled oil company, Petroleo Brasileiro SA, agreed to pay $2.95 billion to settle a U.S. class action lawsuit brought by investors who claim they lost money as a result of a corruption scandal. Fred Katayama reports.

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Petrobras to pay $2.95 bln in U.S. class action

Wednesday, January 03, 2018 - 01:35