Brazil: Batista banned from managing companies

Brazil: Batista banned from managing companies
11 November 2015, News Wires – Brazil’s securities regulator CVM has banned tycoon Eike Batista from holding any administrative or board of director post at a publicly traded company for five years, according to reports. The CVM made the decision because it found that Batista violated a Brazilian law that prohibits senior executives from casting votes […] More »
Brazil: Batista banned from managing companies Brazil: Batista banned from managing companies Reviewed by Crude Oil Facilitators on 17:54 Rating: 5

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