IRVINE, Calif.--(BUSINESS WIRE)--Khang & Khang LLP (the “Firm”) announces the filing of a class action lawsuit against JBS S.A. (“JBS” or the “Company”) (OTCMKTS: JBSAY). Investors who purchased or otherwise acquired JBS shares between June 2, 2015, and March 17, 2017, inclusive (the “Class Period”), are encouraged to contact the firm in advance of the May 22, 2017 lead plaintiff deadline.
If you purchased shares of JBS during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or via e-mail at firstname.lastname@example.org.
There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.
Brazilian federal police raided the offices of JBS following a two-year investigation into alleged bribery of regulators to subvert inspections of their plants. The investigation, referred to as “Operation Weak Flesh,” had identified 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 arrested two JBS employees, and 20 public officials. JBS noted in a securities filing that three of its plants and one of its employees were targeted in the probe.
When this information was offered to the investing public, JBS stock dropped, causing investors harm.
If you wish to learn more about this lawsuit at no charge, or if you have questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or via e-mail at email@example.com.
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