Law Offices of Howard G. Smith announces an investigation on behalf of investors of Centrais Elétricas Brasileiras S.A. - Eletrobras (“Eletrobras” or the “Company”)(NYSE:EBR) securities. The investigation focuses on whether the Company and its officers violated securities laws by issuing misleading information to investors, and allegedly engaged in a corruption and graft scandal.

On April 29, 2015, Eletrobras announced that its Form 20-F will not be filed with the SEC within the required time period in order for the Company to further investigate claims that its officers had engaged in a long-standing corruption and bribery scheme. The Company has since announced that it is planning an independent commission to oversee an investigation of possible corruption in projects where it is involved. Further news reports and Company announcements indicate that Eletrobras may be implicated in a larger government corruption investigation that ensnared Petrobras, or Petroleo Brasileiro SA. On news of the various investigations, and alleged corruption, the Company’s securities declined sharply in value, thereby injuring investors.

If you purchased or otherwise acquired Eletrobras securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at 215-638-4847, toll-free at 888-638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.

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