Landmark Lawsuit Filed Against SEC to Protect Future Whistleblowers

October 14, 2020

J&F Investimentos, S.A., JBS, S.A., Joesley Batista, Wesley Batista


SANCTION AMOUNT: Approximately $28,100,000

Defendants: J&F Investimentos, S.A., JBS, S.A.
Joesley Batista, Wesley Batista

Respondents include two Brazilian nationals and relevant entities from their global meat and protein producer/business. Respondent JBS acquired U.S. issuer Pilgrim’s Pride Corp. in 2009 and, in connection therewith, the SEC found that the Batistas effected bribes of approximately $150 million at the direction of a former Brazil Finance Minister, causing Pilgrim’s to fail to maintain adequate internal controls and accurate books and records.

Named one of the top whistleblower practices/attorneys in the country by The New York Times, Wall Street Journal and NPR
Thank you for submitting some email to us.