Search

Embraer S.A., a Publicly-Held Company, Announces Material Fact

Embraer S.A., a Publicly-Held Company, Announces Material Fact

PR Newswire

SÃO JOSÉ DOS CAMPOS, Brazil, Dec. 20, 2018 /PRNewswire/ — Embraer S.A. (“Embraer” or the “Company“), hereby informs its shareholders and the market that, on the date hereof, the Company became aware of a court decision issued on December 19, 2018 on a preliminary basis in the proceeding relating to the Public Civil Action no. 5031433-18.2018.4.03.6100, which was filed before the 24th Federal Civil Court of São Paulo against the Company, the Federal Government of Brazil, Boeing Brasil Serviços Técnicos Aeronáuticos Ltda. and the Brazilian Securities and Exchange Commission.

According to the aforementioned decision, the judge of the 24th Federal Civil Court of São Paulo granted a provisional measure to suspend “any action to consummate the transaction of the transfer of the commercial portion of Embraer” until the parties have had the chance to respond, at which time the Court, through the examination of the content of the responses, shall be able to better assess the case.

The Company will take all applicable judicial measures to revert this decision and will keep its shareholders and the market informed on any material developments related to the Public Civil Action. 

Nelson Krahenbuhl Salgado
Vice-President and Investors Relations Officer

Cision View original content:http://www.prnewswire.com/news-releases/embraer-sa-a-publicly-held-company-announces-material-fact-300769929.html

SOURCE Embraer S.A.



Congress Updates

Army Relooking At Its ‘Whole Aviation Transformation’ Plan, Acting Chief Tells Lawmakers

The Army is relooking at its “whole aviation transformation initiative,” the service’s acting chief of staff told lawmakers on Tuesday, to include its approach for future procurement of “enduring” platforms. […]


Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]


CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]


Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]