If you purchased or otherwise acquired JBS shares and would like more information regarding the investigation, we encourage you to click here, or contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 1999 Avenue of the Stars Suite 1100, Los Angeles, CA 90067, at 800-977-7401, to discuss your rights without cost to you. You can also reach us through the firm’s website at http://www.Goldberglawpc.com, or by email at email@example.com.
Brazilian federal police raided the offices of JBS after a two-year investigation into alleged bribery of regulators to subvert inspections of their plants. The investigation, known as “Operation Weak Flesh,” had unearthed about 40 cases of meatpackers who had bribed inspectors and politicians to overlook unsanitary practices such as processing rotten meat and operating plants with traces of salmonella.
Police apprehended two JBS employees, as well as 20 public officials. JBS offered in a securities filing that three of its plants and one of its employees were targeted in the probe. When this information was announced to shareholders, the value of JBS stock dropped, causing harm to investors.
If you have any questions concerning your legal rights, please immediately contact Goldberg Law PC at 800-977-7401, or visit our website at http://www.Goldberglawpc.com, or email us at firstname.lastname@example.org.
Goldberg Law PC represents shareholders around the world and specializes in securities class actions and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.