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Brazilian federal prosecutors have charged JBS S.A. and its holding firm J&F Investmentos, along with 14 other individuals, for alleged fraud in the approval of investments and loans by national development bank.

JBS’s founders are known for both big business and scandals.

Brazil’s Batista brothers may soon be back in court after shareholders of JBS S.A. voted in favor of suing the pair for losses incurred after they confessed to bribing thousands of Brazilian public officials.

JBS owners Wesley and Joesley Batista said to have agreed to a plea bargain.  

Additional charges have been filed against the Missouri farmer currently held without bail after the disappearance of Nick and Justin Diemel.

Bankers said deal of this size usually would be syndicated.

The billionaire Batista brothers۪ involvement in insider trading and bribery of politicians is causing turmoil in Brazil.

A leniency deal struck between the controlling shareholders of Brazilian meatpacker JBS SA and prosecutors may be partially revoked, threatening witnesses۪ immunity but keeping their testimony, the country۪s top prose