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Petrobras Investors Can Pursue Bribe Lawsuit on Some Claims

Bloomberg: A lawyer demanding billions of dollars from Petroleo Brasiliero SA for investors claimed victory in a fight with the Brazilian oil giant over whether they can pursue their suit, saying a judge has refused to completely throw it out.

The company said in a separate statement that the judge threw out some claims related to a 2012 bond issuance in the U.S. and referred requests related to acquisition of shares in Brazil to arbitration.