Before Brazil Police kicked off Operation Car Wash, Wesley and Joesley Batista were JBS S.A.’s principal shareholders.

And they are again today.

JBS S.A. is a Brazilian company that is the largest meat processing enterprise in the world. It produces factory-processed beef, chicken, salmon, and pork and sells by-products from

Continue Reading Wesley and Joesley Batista are back on JBS S.A.’s Board of Directors

JBS SA, the Brazil-based meat behemoth, was bracing for some challenging times over its plan for dual listing its stock but did not expect things to get so personal. However, a collection of United Kingdom Parliamentarians has decided to make it personal by organizing themselves as “Ban the Batistas,” which

Continue Reading MPs want the U.S. Securities and Exchange Commission to cut JBS out of American financial markets

The controlling shareholder in Brazil’s JBS S.A., which in turn owns Greeley, CO-based JBS USA, is once again in federal custody in Brazil.   Federal Police returned former JBS Chairman Joesley Batista to prison Friday morning, this time as part of their “Operation Carwash,” the 4-year old corruption probe involving the
Continue Reading Federal Police again arrest JBS shareholder Joesley Batista in Operation Carwash

The U.S. Department of Agriculture has suspended imports of all fresh beef from Brazil because of recurring food safety problems documented since March, when the agency began inspecting 100 percent of all meat from the South American country.

During his confirmation hearing 12 weeks ago, Agriculture Secretary Sonny Perdue said
Continue Reading U.S. stops imports of Brazilian beef for food safety concerns

Beef brothers Joesley and Wesley Batista appear to be surviving the scandal that may bring down Brazilian President Michel Temer.  Shareholder challenges and reviews by U.S. regulators could still be ahead for the meatpackers in the near future.

However, their J&F Investments, the largest shareholder of worldwide meatpacker JBS SA,
Continue Reading Batistas agree to pay largest ‘leniency fine’ in Brazil’s history