(Bloomberg) -- Brazil’s securities regulator accused former Americanas SA chief executive officer Miguel Gutierrez and seven others of insider trading...
-- Brazil ’s securities regulator accused former Americanas SA chief executive officer Miguel Gutierrez and seven others of insider trading, alleging they improperly used privileged information before the disclosure of a major accounting scandal at the retail giant.One City’s Plan to Re-Link a Neighborhood That Robert Moses Divided
Brazil’s Public Prosecutor’s Office previously accused Gutierrez and his team of carrying out a multiyear accounting fraud estimated at 25 billion reais , one of the biggest corporate scandals in Brazilian history. Authorities have alleged that company executives offloaded shares they held once they realized Gutierrez would be ousted as CEO, which happened months before the fraud became public in early 2023.
The former CEO, who spent more than two decades at the company, was briefly detained in Spain in June as part of an investigation into the scandal. He was released after testifying.Declan Rice admits 'silly mistakes' are now costing naïve ArsenalWith season 1 of Star Trek: Starfleet Academy still in production, the latest installment in the Star Trek franchise has been renewed for a second season by Paramount+.
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