On 26 June 2020, IRB – Brasil Resseguros S.A. announced having identified the people responsible for divulging fake information to the financial market, as shared by Valor Economico. Our White-collar Crime, Corporate Investigations and Compliance practice, in partnership with KPMG, conducted an independent investigation. It noted that, besides other irregularities, members of the former administration participated in conveying false information to third parties, in the sense that Berkshire Hathaway would be a shareholder of IRB.
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