15. Lead Plaintiffs purchased the publicly traded securities of Sadia in the form of
ADRs at artificially inflated prices during the Class Period and have been damaged thereby, as
set forth in their certifications which have previously been filed in this litigation and are
incorporated by reference.
16. Defendant Sadia is a Brazilian corporation and maintains its principal executive
offices at Rua Senador Attilio Fontana 86, Concordia, SC 89700-000, Brazil. Founded over 60
years ago, Sadia produces and distributes beef, pork, chicken, and turkey food products as well
as pastas, margarines and desserts, and is the national leader in the segments of poultry and pork processed foods and one of the main exporters in the country. Sadia exports around 1,000
different products to more than 100 countries. It owns 15 plants within 8 different states in
Brazil and one in Russia. It distributes its product line of over 1,000 items through distribution
and sales centers located throughout Brazil, Latin America, the Middle East, Asia and Europe.
The Company's American Depository Receipts traded on the NYSE under the symbol “SDA” at
all relevant times during the Class Period. In addition, Sadia's common stock trades on the
Brazilian Sao Paulo Stock Exchange (“Bovespa”) under the symbol “SDIA4 BZ” and on the
Spanish Market for Latin-American Stocks in Euros (“LATIBEX”) under the symbol “XSDI
SM.”
17. Defendant Gilberto Tomazoni (“Tomazoni”) has served as the Company's Chief
Executive Officer since April 2005. Tomazoni signed the Company’s Form 20-F filed during
the Class Period and the Sarbanes Oxley Certification attached to the Form 20-F. Tomazoni also
served on the Disclosure Policy Committee for the Board of Directors. Mr. Tomazoni holds an
undergraduate degree in Engineering from Universidale Federal de Santa Catarina and a graduate
degree in Management Development from Fundacaode Ensino do Desenvolvimento.