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Velma Anne Ruth, M.Ed.: velmaanne@registeredindie.net 

Velma Anne Ruth, M.Ed. - Wed Aug 30, 2017 @ 05:32PM
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Postalis presenta demanda contra BNY Mellon ante Brasil y los Estados Unidos

30 de agosto de 2017


BRASILIA, Brasil -- Christian Perillier Schneider, director de finanzas de Postalis, el fondo de pensiones de 130.000 empleados postales en Brasil, anunció hoy que Postalis presentó una demanda contra BNY Mellon ante los gobiernos de Brasil y los Estados Unidos, acusando a BNY Mellon de fraude y de violar las Pautas para Empresas Multinacionales de la Organización para la Cooperación y el Desarrollo Económico ("OCDE"). A Postalis se le unieron en su demanda dos organizaciones que representan a los trabajadores postales de Brasil, el Sindicato dos Trabalhadores na Empresa Brasileira de Correios e Telegrafo no Estado do Tocantins, y FINDECT. Postalis es representado por el bufete de Bart S. Fisher.

Las Pautas de la OCDE ofrecen principios y normas de conducta responsable en los negocios, y son el único código integral y respaldado multilateralmente que los gobiernos se han comprometido a promover.

BNY Mellon actuó como administrador fiduciario y gerente de fondos para Postalis, que sufrió pérdidas de USD$1.500 millones de 2011 a 2016, mayormente como resultado de las actividades de Mellon, declara Postalis en su demanda.

"Mellon no llevó a cabo el debido proceso, no dio a Postalis la información apropiada sobre inversiones en sus fondos de pensiones, violó criterios estrictos en el fondo para inversiones, no implementó controles adecuados para combatir el fraude y actividades impropias, y dijo graves falsedades a Postalis", señaló Schneider. "Estas actividades fraudulentas lesionaron a participantes en Postalis, a trabajadores postales de Brasil y a sus familiares", dijo Schneider.

"Creemos que esta demanda puede dar a Postalis una oportunidad de resolver nuestras diferencias con Mellon y ofrecer un futuro más brillante para los trabajadores postales de Brasil", dijo Schneider.

Jose Rivaldo da Silva, Secretario General de FINDECT, y Jose Aparecido Rufino, Secretario General del Sindicato dos Trabalhadores na Empresa Brasileira de Correios e Telegrafo no Estado do Tocantins, declaró: "BNY Mellon incumplió su deber fiduciario al permitir fraudulentamente que desangraran nuestros fondos de pensiones. Estamos preparados para dar a conocer nuestros puntos de vista a través de protestas públicas en Brasil y de otros medios. Esto no es solamente un problema de dinero: es un problema de justicia social".

Contacto:

Bart S. Fisher, Managing Partner, Law Office of Bart S. Fisher, Washington, DC: 202 659 2979 (oficina), 202 746 7089

Jose Aparecido Rufino, Sindicato dos Trabalhadores na Empresa Brasilierade Correios e Telegrafo no Estado do Tocantins: (63) 8459-8041/9978

Jose Rivaldo da Silva, Secretary General, FINDECT: (61) 3323 8810
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Velma Anne Ruth, M.Ed. - Wed Aug 30, 2017 @ 12:29PM
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Comunicado de imprensa

30 de agosto de 2017

Postalis apresenta denúncia contra BNY Mellon no Brasil e nos Estados Unidos

Brasília. – Christian Perillier Schneider, Diretor Financeiro do Postalis, fundo de pensão de 130.000 funcionários dos correios do Brasil, anunciou hoje a apresentação de denúncia contra BNY Mellon nos foros do Brasil e dos Estados Unidos, acusando o BNY Mellon de fraude e violação das Diretrizes da Organização para a Cooperação e Desenvolvimento Econômico (“OCDE”) para Empresas Multinacionais. Juntaram-se à ação da Postalis duas organizações que representam os trabalhadores dos correios do Brasil, o SINTECT no Estado do Tocantins, e a FINDECT. Postalis é representada pelo escritório jurídico de Bart S. Fisher.

As Diretrizes da OCDE fornecem princípios e padrões para uma conduta responsável nos negócios e são o único código abrangente e endossado multilateralmente que os governos se comprometem a promover.

O BNY Mellon atuou como administrador fiduciário e gestor de fundos para a Postalis, que sofreu perdas de US$1.5 bilhões de 2011 a 2016, em grande parte como resultado das atividades de Mellon, segundo alega a Postalis na ação.

“Mellon não fez a auditoria devida, não forneceu a devida informação à Postalis sobre os investimentos em seus fundos de pensão, desrespeitou os critérios rigorosos do fundo de investimentos, não implantou os sistemas de controle necessários para combate à fraude e atividades impróprias e fez sérias declarações falsas à Postalis”, afirmou Schneider. “Estas atividades fraudulentas prejudicaram os participantes da Postalis, os funcionários dos correios do Brazil e suas famílias”, segundo Schneider.

"Confiamos que esta ação possa dar à Postalis a oportunidade de resolver nossas diferenças com o Mellon e proporcionar um futuro mais animador para os funcionários dos correios do Brasil", disse Schneider.

José Rivaldo da Silva, Secretário Geral da FINDECT, e José Aparecido Rufino, Secretário Geral do SINTECT no Estado do Tocantins, declarou: “O BNY Mellon descumpriu seu dever de lealdade ao permitir, de forma fraudulenta, que nossos fundos de pensão fossem esvaziados, e estamos preparados para tornar conhecida esta nossa questão, através de protestos públicos no Brasil, e de outros meios. Essa não é só uma questão de dinheiro: é uma questão de justiça social.

Contatos:

Bart S. Fisher, Escritório Jurídico Bart S. Fisher: 202 659 2979 (escritório), 202 746 7089

José Aparecido Rufino, SINTECT – TO: (63) 8459-8041/9978

José Rivaldo da Silva, Secretário Geral, FINDECT: (61) 3323 8810

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Velma Anne Ruth, M.Ed. - Wed Aug 30, 2017 @ 12:26PM
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Press Release

August 30, 2017

Postalis Files Complaint Against BNY Mellon with Brazil and the United States

Brasilia.—Christian Perillier Schneider, Chief Financial Officer of Postalis, the pension fund for 130,000 postal workers in Brazil, announced today that Postalis filed a complaint against BNY Mellon with governments of Brazil and United States accusing BNY Mellon of fraud and violating the Guidelines for Multinational Enterprises of the Organization for Economic Cooperation and Development (“OECD”). Postalis was joined in its complaint by two organizations representing postal workers of Brazil, Sindicato dos Trabalhadores na Empresa Brasileira de Correios e Telegrafo no Estado do Tocantins, and FINDECT. Postalis is represented by the Law Office of Bart S. Fisher.

OECD Guidelines provide principles and standards for responsible business conduct, and are the only multilaterally endorsed and comprehensive code that governments are committed to promoting.

BNY Mellon acted as fiduciary administrator and fund manager for Postalis, which suffered $1.5 billion USD in losses from 2011 through 2016, largely as a result of Mellon’s activities, Postalis states in its complaint.

“Mellon failed to carry out proper due diligence, failed to make proper disclosures to Postalis about investments in its pension funds, violated strict criteria in the fund for investments, did not have adequate controls in place to combat fraud and improper activities, and made serious misrepresentations to Postalis,” said Mr. Schneider. “These fraudulent activities injured participants in Postalis, the postal workers of Brazil and their families,” Schneider said.

“We believe that this complaint can offer Postalis a chance to resolve our differences with Mellon and provide a brighter future for the postal workers of Brazil,” Schneider said.

Jose Rivaldo da Silva, Secretary General of FINDECT, and Jose Aparecido Rufino, Secretary General of the Sindicato dos Trabalhadores na Empresa Brasileira de Correios e Telegrafo no Estado do Tocantins, stated: “BNY Mellon breached its fiduciary duty by fraudulently allowing our pension funds to be drained. We are prepared to make our views known through public protests in Brazil and through other means. This is not just a matter of money; it is a matter of social justice.”

Contacts:

Bart S. Fisher

Managing Partner

Law Office of Bart S. Fisher

Washington, DC

Telephone: 202 659 2979 (office)

202 746 7089

Jose Aparecido Rufino

Sindicato dos Trabalhadores na Empresa Brasilierade Correios

e Telegrafo no Estado do Tocantins

(63) 8459-8041/9978

Jose Rivaldo da Silva

Secretary General, FINDECT

(61) 3323 8810

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Velma Anne Ruth, M.Ed. - Wed Jun 14, 2017 @ 11:56PM
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Velma Anne Ruth, M.Ed. - Sun Jun 04, 2017 @ 11:54PM
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Velma Anne Ruth, M.Ed. - Mon May 15, 2017 @ 11:50PM
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Press Release

Delegation from Brazilian Pension Fund Postalis Meets with U.S. Government Officials to Address the Exploding Pension Crisis in Brazil

Brasilia.-Andre Motta, President of Postalis, the pension fund for 130,000 postal workers in Brazil, will brief the media on the exploding pension crisis in Brazil on Thursday, May 18, at 10:00 AM at the National Press Club, Zenger Room, 529 14th Street, NW, Washington, DC. Postalis is the largest pension fund in Brazil in terms of participants. Postalis is represented by the Law Office of Bart S. Fisher (Washington, DC), the Law Office of Clayborne, Sabo & Wagner (Belleville, Illinois), Lobo Martin Oliveira & Valdetaro - Rua da Assemblela (Rio de Janeiro - Brazil). Mr. Motta will be leading a delegation from Brazil that includes leaders from Postalis, the Letter Carriers Union of Brazil, and the Congress of Brazil. This delegation will have meetings with members of the U.S. Congress and Executive Branch agencies, including the U.S. Department of State and the Treasury Department. Mr. Motta will report on the outcome of those meetings.

Mr. Motta will also report on the status of the litigation now under way in Brazil against BNY Mellon affiliates in Brazil, a case in which $1.5 billion in the value of the Postalis pension fund was erased in connection with the activities of its fiduciary fund administrator and fund manager, BNY Mellon. The claims in the Brazil cases of Postalis against BNY Mellon focus on breach of contract, and breach of fiduciary duty.

"BNY Mellon has undertaken a series of actions in Brazil that threaten to destabilize an already difficult political and economic situation. Postalis lost $1.5 billion due to the failure of Mellon to perform its duties as fiduciary administrator and fund manager. As a result, instead of having security for retirement, Brazilian postal workers are now required to make additional contributions to Postalis. This is fundamentally unfair. Prompt action is required to address this situation," Motta said.

"U.S. financial institutions such as BNY Mellon must be held accountable for their role in the Brazilian pension fund crisis. Brazil is an important strategic ally of the United States in the Western Hemisphere, and the United States should not tolerate predatory behavior by U.S. financial institutions such as BNY Mellon," Motta said.

Source: The Law Office of Bart S. Fisher
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Velma Anne Ruth, M.Ed. - Thu Mar 30, 2017 @ 11:45PM
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Velma Anne Ruth, M.Ed. - Tue Mar 21, 2017 @ 11:42PM
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Invitation: Guest Lecture on Nutrition and ADD/ADHD, Autism, Stress, Anxiety & More

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Velma Anne Ruth, M.Ed. - Tue Feb 21, 2017 @ 11:39PM
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Age Reversal Seminar - William Faloon, Dr. Dipnarine Maharaj and Dr. Aubrey de Grey

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Velma Anne Ruth, M.Ed. - Mon Jan 09, 2017 @ 11:36PM
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