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Eletrobras Settles Alleged FCPA Violations Revealed Through Brazil's "Operation Car Wash"

Alert January 16, 2019

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  • Eletrobras Settles Alleged FCPA Violations Revealed Through Brazils Operation Car Wash
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Eletrobras Settles Alleged FCPA Violations Revealed Through Brazil's "Operation Car Wash"

January 16, 2019, Covington Alert

On December 26, 2018, the U.S. Securities and Exchange Commission ("SEC") settled an enforcement action against Centrais Eléctricas Brasileiras S.A. ("Eletrobras"), an electric utilities holding company majority-owned and controlled by the Brazilian government.

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