We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Rakoff Smacks Down Bid To Seal Riders In $3B Petrobras Deal

Law360 (February 7, 2018, 6:57 PM EST) -- U.S. District Judge Jed S. Rakoff on Tuesday refused to seal three side agreements submitted to him by class counsel in a $3 billion Petrobras investor suit settlement, saying there is a “certain irony” to trying to keep the documents under wraps when the suit stemmed from an alleged lack of disclosure by the Brazilian oil giant.

Attorneys for the investors, who have claimed that Petrobras concealed billions of dollars in bribes and kickbacks, sent the agreements to Judge Rakoff on Monday night along with a...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

IN RE: Petrobras Securities Litigation


Case Number

1:14-cv-09662

Court

New York Southern

Nature of Suit

Securities/Commodities

Judge

Jed S. Rakoff

Date Filed

December 8, 2014

Law Firms

Companies

Judge Analytics

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.