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Chick-News.com Poultry Industry News, Comments and more by Simon M. Shane

Wyoming Representative Opposes JBS Listing on the NYSE

07/22/2024

Rep. Harriett M Hageman, the sole representative from the state of Wyoming has addressed a letter to the chairman of the Securities and Exchange Commission opposing the proposed listing of JBS. This action by Rep. Hageman echoes the previous opposition expressed by members of the Senate concerning the ethics of the Company and controlling shareholders brothers Joesley and Wesley Batista.

 

Drawing on documented evidence, Hageman outlined a “history of bribery, deception and corruption” with Joesley and Wesley Bartista now restored to the Board of the Company as expressing a “Complete disregard for good corporate governance”.  Hageman declared that “this IPO must be stopped. Allowing JBS to access the American equity market enables the reward of corrupt, dangerous and criminal behavior of the Batista brothers at the expense of American farmers, consumers and investors”.



 
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