KM Financial Solutions | UPDATE 3-Brazil’s Petrobras settles U.S. corruption class action for $2.95 bln
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UPDATE 3-Brazil’s Petrobras settles U.S. corruption class action for $2.95 bln

UPDATE 3-Brazil’s Petrobras settles U.S. corruption class action for $2.95 bln

NEW YORK, Jan 3 (Reuters) – Brazil state-controlled oil
company Petroleo Brasileiro SA said on Wednesday it
had agreed to pay $2.95 billion to settle a U.S. class action
brought by investors who claim they lost money as a result of a
graft scandal.

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