NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of BRF S.A. (NYSE: BRFS) resulting from allegations that BRF may have issued materially misleading business information to the investing public.
On March 5, 2018, Reuters reported that Brazilian federal police arrested BRF’s former chief executive officer on charges that he and other executives were aware that BRF committed fraud by trying to avoid food safety checks. On this news, shares of BRF fell $1.83 or over 19% to close at $7.59 per share on March 5, 2018.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by BRF investors. If you purchased shares of BRF please visit the firm’s website at http://www.rosenlegal.com/cases-1090.html to join the class action. You may also contact Phillip Kim or Zachary Halper of Rosen Law Firm toll free at 866-767-3653 or via email at firstname.lastname@example.org or email@example.com.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Since 2014, Rosen Law Firm has been ranked #2 in the nation by Institutional Shareholder Services for the number of securities class action settlements annually obtained for investors.
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