Petrobras On Class Action Decision

(Petrobras, 6.Sep.2019) — Petrobras, following up on the disclosure made on June 25, 2018, reports that on August 30, 2019, the Court of Appeals for the Second Circuit confirmed the decision approving the agreement to settle the Class Action in the United States. 

As of today, the agreement is no longer subject to appeals and is therefore final.

The agreement does not constitute an admission of guilt or of improper practices by Petrobras, which has been recognized by the Brazilian authorities as a victim of the facts revealed by Operation Lava Jato.


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