The Honorable Judge John G. Koeltl entered a final judgment and order approving the Lead Plaintiffs’ $14.75 million recovery for investors in the Eletrobras Securities Litigation.

Plaintiffs and Defendants memorialized their agreement to resolve the consolidated securities class action lawsuit captioned In re Eletrobras Securities Litigation. 

The Hon. John G. Koeltl, U.S. District Court Judge for the Southern District of New York, substantially denied the defendants’ motion to dismiss in In re Eletrobras Securities Litigation, No. 15-cv-5754-JGK (S.D.N.Y.).

The Hon. John G. Koeltl of the United States District Court for the Southern District of New York entered an Order appointing KSF as lead counsel for the class in the Eletrobras Securities Litigation, Case No. 15-cv-5754-JGK.