Brazil CVM Rejects Ambipar Directors' Settlements, Approves Jereissati R$180k Deal

Brazil's CVM rejected settlement proposals from two former Ambipar investor relations directors over irregularities in share buybacks and disclosures, citing severity and a wider related context. Separately, the agency accepted a R$180,000 settlement with Jereissati in another case. The rejection signals heightened regulatory scrutiny of Ambipar, potentially affecting investor confidence.