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Master CDB Lawsuits: Vorcaro & Partners Affected

by Victoria Sterling -Business Editor

Here’s a breakdown‍ of the key information from the provided text:

* ​ Lawsuit Filed: A lawsuit seeking R$306.7 million ⁣ in material and moral damages has been filed in the ​Civil⁣ Court of the​ Santana⁣ Regional court.
* Plaintiff: An ​investor (name⁤ not explicitly stated,‌ but details about their investment are ‌provided).
* Defendants:

* Vorcaro (likely a‍ key figure in Banco Master)
* felipe Wallace Simonsen (partner)
* Armando miguel‌ Gallo Neto (partner)
* investment Details:

*⁣ Investments were made in CDBs (Certificados de Depósito Bancário) from Banco Master.
* These CDBs were ⁢acquired through the brokerage Nu Invest (Nubank).
* Maturity dates range up to 2030.
​ * CDBs⁢ included ‌both fixed-rate and CDI-linked options.
* Reason for Lawsuit: The investor claims losses due⁣ to the extrajudicial liquidation of ⁤Banco Master. They are ⁣seeking‍ civil liability.
* Investment ‌Amount: The investor ⁤had over R$500,000 invested in​ Banco Master⁢ CDBs across various series and maturity⁤ dates.
* Related News: The‍ article ⁢links ‍to other reports about the liquidation of Banco Master and the FGC⁢ (Fundo Garantidor‍ de Créditos – Deposit Guarantee Fund) process for investors.
* Case Status: The case is public (not​ under judicial secrecy) and is awaiting⁤ further steps in‍ the civil trial​ process.

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