Brazil: Rise in Investor Lawsuits Expected

The Petrobras corruption scandal led to revelations of Odebrecht bribes in Latin America. Here Odebrecht Oleo E Gas ODN Delba III Semi-submersible platform. (Photo: Odebrecht)

Partner Larry Spiegel at Skadden: Brazil will continue to dominate the enforcement landscape of Latin America.  (Photo: Skadden)

As settlements become public, lawsuits against firms and individuals will follow.  



There will likely be a rise this year in investor lawsuits against Brazilian companies over corruption, experts predict.


“In the United States this past year, civil plaintiffs aggressively pursued actions against companies (and officers and directors) implicated in Brazilian investigations for alleged violations of U.S. securities laws,” says Larry Spiegel, a partner at Skadden who specializes in Government Enforcement and White Collar Crime. “We expect that American prosecutors will ...

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Keywords: Brazil, Colombia, Dominican Republic, Ecuador, FCPA, Mexico, Odebrecht, Panama,  Peru, Petrobras, Skadden, Venezuela


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