# Tag: Brazil corporate fraud

- [Americanas Faces R$12.8 Billion Arbitration Claim as Investors Revive Fraud Case](https://brazilstockguide.com/insights/americanas-arbitration-claim-12-8bn/) (2026-02-03): New corporate lawsuit revives claims tied to allegedly fraudulent financial statements and seeks to extend liability to controlling shareholders.
- [CVM Reopens Probes Into Americanas, Expands Review to Board Members and Banks](https://brazilstockguide.com/insights/americanas-cvm-probe-accounting-fraud/) (2026-01-31): Regulator revisits fiduciary duties as R$25 billion fraud remains formally tied to former executives, not the board.