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Petroleo Brasileiro S.A. – Petrobras (2014) Settlement
(NYSE: PBR)
Settlement

Claim Deadline: June 09, 2018

Settlement Fund: $3,000,000,000

Settlement Class

All persons who:  (A) during the time Period between January 22, 2010 and July 28, 2015, inclusive (the “Class Period”), purchased or otherwise acquired Petrobras Securities, including debt securities issued by PifCo and/or PGF, on the New York Stock Exchange or pursuant to other Covered Transactions; and/or (B) purchased or otherwise acquired debt securities issued by Petrobras, PifCo, and/or PGF, in Covered Transactions, directly in, pursuant and/or traceable to a May 13, 2013 public offering registered in the United States and/or a March 10, 2014 public offering registered in the United States before Petrobras made generally available to its security holders an earnings statement covering a period of at least twelve months beginning after the effective date of the offerings (August 11, 2014 in the case of the May 13, 2013 public offering and May 15, 2015 in the case of the March 10, 2014 public offering).   For purposes of the Settlements, “Covered Transaction” means any transaction that satisfies any of the following criteria:  (i) any transaction in a Petrobras Security listed for trading on the New York Stock Exchange (“NYSE”); (ii) any transaction in a Petrobras Security that cleared or settled through the Depository Trust Company’s book-entry system; or (iii) any transaction in a Petrobras Security to which the United States securities laws apply, including as applicable pursuant to the Supreme Court’s decision in Morrison v. National Australia Bank, 561 U.S. 247 (2010).

Important Documents

Settlement Status

Disbursed

Class Period

January 22, 2010 - July 28, 2015

Settlement Hearing Date

June 04, 2018

Opt-Out Deadline

April 27, 2018

Claims Admin

Garden City Group, LLC
In re Petrobras Securities Litigation
c/o GCG
P.O. Box 10280
Dublin, OH 43017-5780
+1 855-907-3218
info@petrobrassecuritieslitigation.com

Levi & Korsinsky did not act as lead counsel or otherwise participate in litigating the above class action and provides this information to remind class members of the deadline to submit a claim for a share of any of the settlement fund.