SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of BRF S.A. (BRFS)

NEW YORK, March 6, 2018 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of BRF S.A. ("BRF " or the "Company") (NYSE: BRFS). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/brfs.

The investigation concerns whether BRF and certain of its officers and/or directors have violated Federal Securities Laws.

On March 17, 2017, news outlets reported that Brazilian federal police raided the offices of BRF and dozens of other meatpackers following a two-year investigation into alleged bribery of regulators to subvert inspections of their plants.  The probe, known as "Operation Weak Flesh," had uncovered about 40 cases of meatpackers who had bribed inspectors and politicians to overlook unsanitary practices such as processing rotten meat and running plants with traces of salmonella.  Police arrested three BRF employees, as well as 20 public officials.  On this news, BRF's share price fell $0.99, or 7.73%, to close at $11.81 on March 17, 2017. On March 5, 2018, Reuters reported that Brazilian federal police arrested BRF's former chief executive officer on charges that he and other executives were aware that BRF committed fraud by trying to avoid food safety checks. On this news, BRF's share price fell $1.83 or 19.42% to close at $7.59 per share on March 5, 2018.

If you are aware of any facts relating to this investigation, or purchased BRF shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/brfs. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484. 

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration.   Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]

SOURCE Bronstein, Gewirtz & Grossman, LLC

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https://www.bgandg.com/