21.03.2017 16:59:00

EQUITY ALERT: Rosen Law Firm Continues Investigation of Securities Claims Against BRF S.A. - BRFS

NEW YORK, March 21, 2017 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, is continuing to investigate 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 17, 2017, news outlets reported that Brazilian federal police raided the offices of BRF and dozens of other meatpacker 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 three BRF employees, as well as 20 public officials. On this news, shares of BRF fell $0.99 per share or 7% to close at $11.81 per share on March 17, 2017.

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 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.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
The Rosen Law Firm, P.A.
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

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/equity-alert-rosen-law-firm-continues-investigation-of-securities-claims-against-brf-sa---brfs-300427045.html

SOURCE Rosen Law Firm, P.A.

Analysen zu BRF - Brasil Foods SA (spons. ADRs)mehr Analysen

Eintrag hinzufügen
Hinweis: Sie möchten dieses Wertpapier günstig handeln? Sparen Sie sich unnötige Gebühren! Bei finanzen.net Brokerage handeln Sie Ihre Wertpapiere für nur 5 Euro Orderprovision* pro Trade? Hier informieren!
Es ist ein Fehler aufgetreten!

Aktien in diesem Artikel

BRF - Brasil Foods SA (spons. ADRs) 3,88 0,00% BRF - Brasil Foods SA  (spons. ADRs)