Ohio Public Employees Retirement System files shareholder suit against Petrobras Global

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NEW YORK (Legal Newsline) – A multinational energy corporation faces a lawsuit over an alleged massive corruption scheme at the company and in the Brazilian government.

Ohio Public Employees Retirement System filed a lawsuit May in U.S. District Court Southern District of New York against Petrobras Global Finance and several individuals and auditors, alleging the company and its executives participated in bribery and money laundering schemes. Ohio Public Employees Retirement System holds stock with the company.

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