Thieler Law Corp advises investors with losses exceeding $100,000 of the May 22, 2017 lead plaintiff deadline in a class action lawsuit filed against JBS S.A. (OTCMKTS: JBSAY) (“JBS” or “the Company”). The suit is pending in the U.S. District Court for the Eastern District of Pennsylvania and investors, who purchased JBS S.A. securities between June 2, 2015 and March 17, 2017, have until May 22, 2017 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased JBS S.A. securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that JBS executives bribed regulators and politicians to subvert food inspections of its plants and overlook unsanitary practices such as processing rotten meat and running plants with traces of salmonella; and  as a result, defendants statements about JBS's business, operations and prospects were materially false and misleading and/or lacked a reasonable bases at all relevant times.

On March 17, 2017, news outlets reported that Brazilian federal police raided the offices of JBS and dozens of other meatpackers following a two-year investigation into alleged bribery of regulators to subvert inspections of their plants and ignore unsanitary practices. Police arrested two JBS employees, among others. JBS revealed in a securities filing that three of its plants and one of its employees were targeted in the probe.

Following this news, OTCMKTS: JBSAY fell $0.71 per share, or over 9.2%, to close at $6.96 per share on March 17, 2017.

If you were negatively impacted by your investment in JBS S.A. securities between June 2, 2015 and March 17, 2017 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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