Petrobras Defrauded Drilling Venture Investors, Court Rules

By Morgan Conley · August 11, 2022, 6:51 PM EDT

A D.C. federal court has agreed that Petrobras fraudulently induced several investment funds to finance a company formed for an oil drilling venture that was later revealed to be implicated in...

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Case Information

Case Title

EIG ENERGY FUND XIV, L.P. et al v. PETROLEO BRASILEIRO S.A

Case Number

1:16-cv-00333

Court

District Of Columbia

Nature of Suit

Other Fraud

Date Filed

February 23, 2016