EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Embraer S.A. - ERJ

Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Embraer S.A. (NYSE:ERJ) resulting from allegations that Embraer may have issued materially misleading business information to the investing public.

In 2014, Brazilian authorities filed a criminal complaint against an Embraer sales consultant who reportedly admitted to paying bribes on behalf of Embraer with the knowledge of Embraer’s top management. Eight former Embraer executives and directors were also charged. The basis of the charges was reportedly evidence provided by U.S. authorities, who had been investigating possible violations of the U.S. Foreign Corrupt Practices Act (“FCPA”) since as early as 2010. On July 29, 2016, Embraer reported a loss of $99.4 million for the quarter after setting aside $200 million in connection with the U.S. FCPA probe. Embraer also disclosed that it had been negotiating with the U.S. Department of Justice since May 2015 to settle the investigation. On this news, shares of Embraer fell $2.93 or over 13% to close at $18.27 on July 29, 2016.

Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Embraer investors. If you purchased shares of Embraer on or before July 28, 2016, please visit the firm’s website at http://www.rosenlegal.com/cases-929.html for more information. You may also contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via email at [e-mail] or [e-mail].

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

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The Rosen Law Firm, P.A.Laurence Rosen, Esq.Phillip Kim, Esq.Kevin Chan, Esq.275 Madison Avenue, 34th FloorNew York, NY 10016Tel: [phone]Toll Free: 866-767-3653Fax: [e-mail]@[e-mail]