July 02, 2019
Investors in Brazilian bank Banco Bradesco SA asked a New York federal court on Monday to give the initial green light to a $14.5 million cash settlement to end a stock-drop suit against the bank for allegedly artificially inflating its securities prices by hiding a tax bribery scheme.
August 20, 2018
Two institutional investors asked a New York federal court on Friday to certify a class of shareholders in a suit alleging that Banco Bradesco SA made a series of misstatements to conceal a tax bribery scheme, saying the Brazilian bank's lies artificially inflated the price of its preferred American depositary shares.