Court approves Petrobras's $2.95bn settlement in US class-action suit

摘要

HOUSTON (ICIS)--A US federal court approved a $2.95bn agreement that Petrobras reached earlier this year to settle a securities class-action lawsuit, the Brazilian state energy producer said on Monday. The decision is subject to appeal, Petrobras said. The company announced it had reached a settlement early in 2018.