Actionable news
0
All posts from Actionable news
Actionable news in EBR: CENTRAIS ELECTRICAS BRASILEIRAS S.A.-ELETROBRAS,

GPM Announces Investigation of Alleged Fraud by Centrais Elétricas Brasileiras S.A. – Eletrobras

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces that it is investigating potential claims on behalf of investors of Elétricas Brasileiras S.A. – Eletrobras (“Eletrobras” or “the Company”) (NYSE:EBR) securities. The investigation focuses on whether the Company and its officers violated securities laws by issuing misleading information to investors, and allegedly engaged in a corruption and graft scandal.

On April 29, 2015, Eletrobras announced that its Form 20-F will not be filed with the SEC within the required time period in order for the Company to...


More