Eletrobras Securities Litigation

On May 1, 2018, parties in the Eletrobras securities litigation reached an agreement to settle the case.  Plaintiffs alleged that Eletrobras suffered large losses related to the Brazilian corruption scandal. Professor Steven Feinstein of Babson College and Crowninshield Financial Research provided expert reports on market efficiency and whether damages can be computed for the Class.

Additional information is available here.