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Tag: insider trading

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – With a 2 to 1 vote, Brazil’s Securities and Exchange Commission (CVM) found the once billionaire businessman Eike Batista guilty of insider trading, ordering Batista to pay a fine of...
SÃO PAULO, BRAZIL – Brazil’s Federal Police raided the home of Eike Batista’s former wife and sons on Thursday morning (February 12th), confiscating three automobiles. The move comes a day after federal police knocked on Batista’s Angra dos Reis...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Once one of Brazil’s richest man, Eike Batista, has been accused of insider trading, a crime punishable with up to thirteen years in jail if found guilty, according to the...

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