LOS ANGELES--(EON: Enhanced Online News)--Glancy Prongay & Murray LLP (“GPM”) is investigating potential claims on behalf of investors of JBS S.A. (“JBS” or the “Company”) (OTC: JBSAY) concerning the Company and its officers’ possible violations of federal securities laws.
On March 17, 2017, news outlets reported that Brazilian police raided the offices of JBS and other meatpackers following an investigation into alleged bribery of health officials. The probe uncovered evidence that meatpackers bribed inspectors and politicians to overlook unsanitary practices and exports with traces of salmonella. Police arrested two JBS employees, and twenty public officials.
On this news, shares of JBS fell nearly 10% on March 17, 2017, thereby injuring investors.
If you purchased JBS securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to email@example.com, or visit our website at http://www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
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