NEW YORK, Jan. 22, 2015 /PRNewswire/ -- Levi &
Korsinsky announces that a class action lawsuit has been commenced
in the United States District Court for the Southern District of
New York on behalf of investors
who purchased Petroleo Brasileiro S.A. - Petrobras ("Petrobras" or
the "Company") (NYSE: PBR) securities between May 20, 2010 and November
21, 2014.
For more information, click here:
http://zlk.9nl.com/petroleo-brasileiro-pbr.
The complaint alleges that Petrobras failed to disclose a
culture of corruption at the Company, including a money-laundering
bribery scheme, and that the Company overstated its property,
plant, and equipment line item on its balance sheet.
If you suffered a loss in Petrobras you have until February 6, 2015 to request that the Court
appoint you as lead plaintiff. Your ability to share in any
recovery doesn't require that you serve as a lead plaintiff. To
obtain additional information, contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972, or visit
http://zlk.9nl.com/petroleo-brasileiro-pbr.
Levi & Korsinsky is a national firm with offices in
New York, New Jersey, Connecticut and Washington D.C. The firm's attorneys have
extensive expertise in prosecuting securities litigation involving
financial fraud, representing investors throughout the nation in
securities and shareholder lawsuits and have helped shareholders
recover millions of dollars in losses over the years. For more
information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com
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SOURCE Levi & Korsinsky, LLP