UPDATE 1-'Misled' shareholders in Brazil's JBS seek $270 mln damages [Reuters (UK)]
JBS S A S/ADR (JBSAY)
NASDAQ:AMEX Investor Relations:
jbss.infoinvest.com.br/?idioma=enu
Company Research
Source: Reuters
UPDATE 1-'Misled' shareholders in Brazil's JBS seek $270 mln damages - Reuters 2 Min Read (Adds JBS comment) SAO PAULO, March 18 (Reuters) - A group of shareholders in JBS SA has started arbitration proceedings against the Brazilian beef company, claiming they were misled after the company’s IPO in Brazil in 2007. In a statement on Wednesday, U.S.-based law firm DRRT, along with Brazilian co-counsel Finkelstein Advogados, said the shareholders are seeking damages of 1.4 billion reais ($271 million) against JBS. The plaintiffs allege JBS and its executives released false and/or misleading information to investors after going public. They said the company had become the world’s largest meat-packer based on “bribery and corruption.” They said they had requested arbitration on behalf of 95 former and current institutional shareholders at the arbitration chamber of Brazil’s stock exchange, B3 SA Brasil Bolsa Balcao . JBS declined to comment as arbitration proceedings are confidential. The
Show less
Read more
Impact Snapshot
Event Time:
JBSAY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
JBSAY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
JBSAY alerts
High impacting JBS S A S/ADR news events
Weekly update
A roundup of the hottest topics
JBSAY
News
- ROSEN, SKILLED INVESTOR COUNSEL, Encourages JBS S.A. Investors to Inquire About Securities Class Action Investigation – JBSAYGlobeNewswire
- JBSAY LOSS ALERT: ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages JBS S.A. Investors to Inquire About Securities Class Action Investigation - JBSAYPR Newswire
- JBSAY LOSS ALERT: ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages JBS S.A. Investors to Inquire About Securities Class Action Investigation – JBSAYGlobeNewswire
- Cheaper Chicken Luring Consumers Gives Pilgrim's Pride a Boost [BNN Bloomberg (Canada)]BNN Bloomberg
- ROSEN, TRUSTED INVESTOR COUNSEL, Encourages JBS S.A. Investors to Inquire About Securities Class Action Investigation - JBSAYPR Newswire
JBSAY
Sec Filings
- 5/6/24 - Form 6-K
- 4/23/24 - Form 6-K
- 4/11/24 - Form 6-K
- JBSAY's page on the SEC website