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CVM Bars Ex-Petrobras Executive Nestor Cerveró for 15 Years, Fines Him 16.1 Million Reais

Brazil’s securities regulator barred former Petrobras executive Nestor Cerveró from corporate roles for 15 years and fined him 16.1m reais over the Pasadena deal.

$PBR, #petrobras, #cvm, #brazil, #pasadena