INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation on Behalf of Petróleo Brasileiro S.A. Investors (PBR)

BENSALEM, Pa.–(BUSINESS WIRE)–$PBR #classaction–Law Offices of Howard G. Smith announces an investigation on behalf of
Petróleo Brasileiro S.A. (“Petrobras” or the “Company”) (NYSE: PBR)
investors concerning the Company and its officers’ possible violations
of federal securities laws.

The investigation concerns whether the Company issued materially
misleading business information to the investing public. On December 5,
2018, Reuters reported that Glencore and other trading firms paid over
$30 million in bribes to employees of state-owned oil company Petrobras
in a graft scheme. As part of the scheme, Petrobras employees offered
the trading companies lower prices for oil, derivatives, and storage
tanks, then shared in the savings. Specifically, top executives of the
companies had “total and unequivocal” knowledge of the scheme. On this
news, shares of Petrobras have fallen sharply during intraday trading on
December 6, 2018, thereby injuring investors.

If you purchased Petrobras 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 Howard G. Smith, Esquire, of Law Offices of Howard G.
Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by
telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com,
or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.

Contacts

Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com

leverton

I have been involved with publishing and marketing for the past 32 years. My passion is helping people share their voice. I am able to do this through two important venues: One, with Area-Info.net where people can share everything from opinions to events to news. It is your choice! What do you want to share? Two, through a new program called America's Real Deal I am involved with to help business owners get their voice heard.I schedule speaking engagements with community groups and business groups to share my passion about the importance of "sharing your voice".Contact me directly at lee@leeeverton.com for scheduling information.