NEW YORK, March 20, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the JBS S.A. ("JBS" or the "Company") (OTCMKT: JBSAY). Such investors are advised to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/jbs.
The investigation concerns whether JBS and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On March 17, 2017, several news sources reported that Brazilian federal police raided JBS offices and other meatpackers after a two-year investigation of regulators alleged bribery to regarding the inspections of their facilities. The investigation, known as "Operation Weak Flesh," exposed roughly 40 cases of meatpackers who bribed inspectors and politicians to overlook unsanitary procedures such as processing rotten meat and running plants with traces of salmonella. Brazilian police arrested two JBS employees, and 20 public officials. JBS said in a securities filing that three of its facilities and one of its employees were targeted in the probe. Following this news, JBS stock dropped during intraday trading on March 17, 2017.
If you are aware of any facts relating to this investigation, or purchased JBS shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/jbs. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | firstname.lastname@example.org
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