EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against JBS S.A. - JBSAY
Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of
shareholders of JBS S.A. (OTCMKTS: JBSAY) resulting from allegations that JBS may have issued materially misleading business
information to the investing public.
On March 17, 2017, news outlets reported that Brazilian federal police raided the offices of JBS and dozens of other meatpackers
following a two-year investigation into alleged bribery of regulators to subvert inspections of their plants. The probe, known as
“Operation Weak Flesh,” had uncovered about 40 cases of meatpackers who had bribed inspectors and politicians to overlook
unsanitary practices such as processing rotten meat and running plants with traces of salmonella. Police arrested two JBS
employees, as well as 20 public officials. JBS said in a securities filing that three of its plants and one of its employees were
targeted in the probe. On this news, shares of JBS fell sharply during intraday trading on March 17, 2017.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by JBS investors. If you purchased shares of JBS
please visit the firm’s website at http://www.rosenlegal.com/cases-1091.html for more information. You may also contact Phillip Kim or Kevin Chan
of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or kchan@rosenlegal.com.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm.
Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder
derivative litigation.
Attorney Advertising. Prior results do not guarantee a similar outcome.
The Rosen Law Firm, P.A.
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: 212-686-1060
Toll Free: 866-767-3653
Fax: 212-202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com
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