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

Alert January 16, 2019

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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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