Brazil: Rise in Investor Lawsuits Expected

As settlements become public, lawsuits against firms and individuals will follow.  

BY JOACHIM BAMRUD

There will likely be a rise this year in investor lawsuits against Brazilian companies over corruption, experts predict.

“In the United States this past year, civil plaintiffs aggressively pursued actions against companies (and officers and directors) implicated in Brazilian investigations for alleged violations of U.S. securities laws,” says Larry Spiegel, a partner at Skadden who specializes in Government Enforcement and White Collar Crime. “We expect that American prosecutors will ...

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Keywords: Brazil, Colombia, Dominican Republic, Ecuador, FCPA, Mexico, Odebrecht, Panama,  Peru, Petrobras, Skadden, Venezuela