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BTG ‘Hasn’t Been Notified’ About Executives Seeking Compensation

July 22 (Bloomberg) -- Banco BTG Pactual SA “hasn’t been notified” about executives including Grupo Silvio Santos’ former chief executive officer, Luiz Sandoval, seeking compensation, Leandro Buarque, a BTG spokesman, said by e-mail.

Veja magazine columnist Lauro Jardim today reported that Sandoval and former executives of Banco Panamericano SA are seeking 150 million reais ($74 million) of workers’ compensation from BTG.

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To contact the reporter on this story: Karen Eeuwens in London at keeuwens@bloomberg.net

To contact the editor responsible for this story: Karen Eeuwens at keeuwens@bloomberg.net

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