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INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of Petróleo Brasileiro S.A - Petrobras (PBR) on Behalf of Investors

PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.
December 15, 2022 GMT

BENSALEM, Pa.--(BUSINESS WIRE)--Dec 15, 2022--

Law Offices of Howard G. Smith continues its investigation on behalf of Petróleo Brasileiro S.A. - Petrobras (“Petrobras” or the “Company”) (NYSE: PBR ) investors concerning the Company’s possible violations of federal securities laws.

On December 14, 2022, Petrobras disclosed that Brazil’s National Agency of Petroleum, Natural Gas and Biofuels had sent it an interdiction notice ordering the shutdown of 37 onshore oil and gas production facilities in the state of Bahia. According to media reports, agency technicians auditing the facilities had found irregularities there.

On this news, Petrobras’s stock price $1.01, or 9.9%, to close at $9.13 per share on December 14, 2022, thereby injuring investors.

If you purchased Petrobras securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20221215005200/en/

CONTACT: Law Offices of Howard G. Smith

Howard G. Smith, Esquire

215-638-4847

888-638-4847

howardsmith@howardsmithlaw.com

www.howardsmithlaw.com

KEYWORD: UNITED STATES NORTH AMERICA PENNSYLVANIA

INDUSTRY KEYWORD: CLASS ACTION LAWSUIT PROFESSIONAL SERVICES LEGAL

SOURCE: Law Offices of Howard G. Smith

Copyright Business Wire 2022.

PUB: 12/15/2022 10:00 AM/DISC: 12/15/2022 10:01 AM

http://www.businesswire.com/news/home/20221215005200/en