Join +750K new investors every month who copy stock picks from billionaire's portfoliosSign Up Free

Brazilian state sues Carrefour unit for $38 million in damages for beating death of Black man

Published 11/25/2020, 04:43 PM
Updated 11/25/2020, 04:45 PM
© Reuters. FILE PHOTO: Demonstrator burns objects to block a street during a protest against racism, after Joao Alberto Silveira Freitas was beaten to death by security guards at a Carrefour supermarket in Porto Alegre
CARR
-
CRRFY
-

BRASILIA (Reuters) - A state attorney in southern Brazil is suing a unit of France's Carrefour SA (OTC:CRRFY) seeking 200 million reais ($37.6 million) in damages after security guards beat a Black man to death at one of its stores.

On Friday, a widely circulated video showed security guards at a Carrefour (PA:CARR) Brasil store in the city of Porto Alegre brutally beating João Alberto Silveira Freitas, following an argument between him and a store employee.

Silveira Freitas' death sparked a national conversation about race in Brazil, which often likes to think of itself as devoid of racism, despite vast inequalities between races in almost every aspect of life.

The store in Porto Alegre in the state of Rio Grande do Sul was overrun by protestors as was one location in Sao Paulo, while Carrefour Brasil's shares plunged.

In addition to seeking damages, the lawsuit by the state public defender's office asked a court to shut the store in Porto Alegre "with the objective of reducing the risk of possible hostile acts that could occur during protests."

In a statement, Carrefour Brasil said it still had not been formally cited by the public defender's office, adding that it would provide any information needed by the government.

© Reuters. FILE PHOTO: Demonstrator burns objects to block a street during a protest against racism, after Joao Alberto Silveira Freitas was beaten to death by security guards at a Carrefour supermarket in Porto Alegre

Among the other demands listed in the lawsuit is the creation of a plan to combat racism and discriminatory treatment by the retailer in Porto Alegre.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.