Defendant Name: Petróleo Brasileiro S.A. – Petrobras

Defendant Type: Public Company

Document Reference: 34-92274-pdp

Document Details

Legal Case Name In the Matter of Petróleo Brasilerio, S.A. - Petrobras
Document Name Proposed Plan of Distribution
Document Date 28-Jun-2021
Document Format Administrative Proceeding
File Number 3-18843
Allegation Type Foreign Corrupt Practices Act
Document Summary The SEC stated: "The Division of Enforcement submits this proposed plan of distribution (the “Plan”) . . . As described more specifically below, the Plan provides for the distribution of funds collected in the above-captioned matter to compensate investors harmed by securities violations of Petróleo Brasileiro S.A. - Petrobras (“Petrobras” or “Respondent”) as described in the Order."

Disgorgement & Penalty Information

Resolutions
None Specified
Fair Funds
Monetary Penalties:

Disgorgement

Individual:     $711,000,000.00 Shared:    

Civil Penalty

Individual:     $853,200,000.00 Shared:    

Pre-Judgment Interest

Individual:     $222,473,797.00 Shared:    

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34-92787-dp 27-Aug-2021 Administrative Proceeding
Plan of Distribution
The Commission stated: "the Plan provides for the distribution of funds collected in the above-captioned matter to compensate investors harmed by securities violations of Petróleo Brasileiro S.A. - Petrobras (“Petrobras” or “Respondent”) as described in the Order."
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