Legal Opinion

Dimensional Emerging Markets Value Fund v. Petróleo Brasileiro S.A.

District Court, S.D. New York

Decided January 4, 2016No. 14-cv-9662 (JSR)PublishedCited by 3 opinions

1Opinion of the Court

MEMORANDUM ORDER

JED S. RAKOFF, United States District Judge

Plaintiffs bring the above-captioned individual but related actions against defendant Petróleo Brasileiro S.A. — Petrobras (“Petrobras”) and related individuals and entities. Plaintiffs allege that Petrobras was at the center of a multi-year, multi-billion dollar bribery and Mckback scheme, in connectiop with which defendants made false and misleading statements in violation of the Securities Act of 1933 (the “Securities Act”), the Securities Exchange Act of 1934 (the “Exchange. Act”), state *191law, and Brazilian law. The allegations in…

2Cases cited24 opinions

  1. ATSI Communications, Inc. v. Shaar Fund, Ltd.Court of Appeals for the Second Circuit · 2007
  2. Morrison v. National Australia Bank Ltd.Supreme Court of the United States · 2010
  3. Pinter v. DahlSupreme Court of the United States · 1988
  4. Sprint Communications Co. v. APCC Services, Inc.Supreme Court of the United States · 2008
  5. Merrill Lynch, Pierce, Fenner & Smith Inc. v. DabitSupreme Court of the United States · 2006

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3Cited by3 opinions

  1. Universities Superannuation Scheme Ltd. v. Petróleo Brasileiro S.A. PetrobrasCourt of Appeals for the Second Circuit · 2017
  2. Commerzbank AG v. U.S. Bank N.A.District Court, S.D. New York · 2021
  3. In re Petrobras SecuritiesCourt of Appeals for the Second Circuit · 2017

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