In re Eletrobras Securities Litigation
District Court, S.D. New York
1Opinion of the Court
*456OPINION AND ORDER
JOHN G. KOELTL, District Judge:
This is a consolidated securities action purportedly brought on behalf of a class of all purchasers of U.S. exchange-traded securities of Centráis Elétricas Brasileiras S.A. (“Eletrobras” or the “Company”) between August 17, 2010 and June 24, 2015 (the “class period”). The lead plaintiffs, the City of Providence and Dominique Lavoie (the “plaintiffs”) filed a Second Amended Complaint (“SAC”) on February 26, 2016. The plaintiffs asserted violations of Section 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b) (the “Exchange Act”),…
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