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Analysis

$3B Petrobras Accord To Fuel More Shareholder Class Actions

By Ed Beeson ( January 5, 2018, 7:33 PM EST) -- Brazilian oil giant Petrobras went for the record books when it said it would pay nearly $3 billion to settle a shareholder class action over its corruption scandal, and that stunning sum combined with a key legal ruling in the case will add gas to the booming market for securities class actions, lawyers say. . . .

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