INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Petróleo Brasileiro S.A - Petrobras (PBR) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Petróleo Brasileiro S.A. - Petrobras (“Petrobras” or the “Company”) (NYSE: PBR) investors concerning the Company’s possible violations of federal securities laws.

On December 14, 2022, Petrobras disclosed that Brazil's National Agency of Petroleum, Natural Gas and Biofuels had sent it an interdiction notice ordering the shutdown of 37 onshore oil and gas production facilities in the state of Bahia. According to media reports, agency technicians auditing the facilities had found irregularities there.

On this news, Petrobras’s stock price fell as much as 12.5% during intraday trading on December 14, 2022, thereby injuring investors.

If you purchased Petrobras securities, have information or would like to learn more about these claims, or 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 [phone], toll-free at [phone], or by email to [e-mail], or visit our website at www.howardsmithlaw.com.

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