Brazil-Sadia Shareholders sue company boss.

BRAZIL-SHAREHOLDERS TO SUE MEAT COMPANY.

Shareholders of Brazilian food company Sadia S/A (SDA)

agreed to sue a former top executive for allegedly breaking the company’s

risk-management policies, a company press agent said Monday. A general assembly

of Sadia’s top shareholders unanimously agreed to sue and hold responsible


Adriano Ferreira, director of corporate finance and development, for losses of

over 600 million Brazilian reals, or $270.2 million.


Don’t miss

Loading related news...