Brazil’s Ricardo Tosto

Ricardo Tosto

Ricardo Tosto knows what it’s all about. Ricardo Tosto says “Brazilian law”. Ricardo Tosto knows the many associations and rules involved. Ricardo Tosto is the expert on legal procedures.

Brazil has many such procedures. In fact, they have the Brazilian Bar Association, which governs all entities and regulations and policies as well as guidelines for changing the existing procedures in all legal fields. Brazilian law currently a hybrid system that has been colonized through a European country – originally known as Portugal. In 1822, Brazil gained its independence and then began forming its own legal system. Autonomous institutions had to be created at the time; thus, professionals had to be educated and placed on demand. The very first Brazilian law schools came around in 1827. Brazil Brazil’s legal system still has its strong Portuguese roots today, but these haven’t hindered the existence of certain other foreign influences within the system: The French and Germans are heavily involved as well.

What’s particular about Brazil’s legal system is that it holds countless influences from numerous countries all around the world – not only in the form of clients, lawyers, defendants, jurors and students who come for law – but in all others that have a mere legal interest as well. The basic mandatory subjects required in most Brazilian law schools include a basic educational axis, a professional educational axis, a practical educational axis that includes more than 200 hours of complementary activities with 300 hours of mandatory training, and even an internship. The Brazilian Bar Examination holds its OAB exams two or three times a year, and those wishing to practice law must pass with near-perfect scores every time. They can only take the tests when they are offered. For more info about us: click here.

The OAB’s first section covers 80 multiple choice questions. To pass, at least 40 questions must be answered perfectly. The second step bases itself on the candidate’s preferences and desires for practicing law as there are countless fields. There are administrative law, civil law, constitutional law, labor law, corporate law, criminal law and tax law – the one most sought.

Ricardo Tosto

The Chief Executive Officer (CEO), the Portuguese Executive Director, the youngest in the country is 24 years old. He is a graduate in economics and is president of the largest network of laboratories in Brazil, Dasa, comments entrepreneur Ricardo Tosto. Pedro de Godoy Bueno, who, due to his young age, was even confused with a trainee, graduated in the area and started his professional career in a family business, also worked at banks Credit Suisse and BTG Pactual, In January of 2015, assumed the presidency of Dasa network of laboratories. He became the youngest executive to hold the position of president in a publicly traded company in Brazil.


Despite the 24 years, and the controversy over the decision regarding presidency, given the age of the young president, Ricardo Tosto points out that Pedro de Godoy Bueno passes an image of a focused and objective leader. He himself guarantees that the challenge is to run a company the size of Dasa and that even one of his missions is to improve the company’s numbers. Besides the age, the businessman Ricardo Tosto points out that what also generated controversy in the election of Pedro de Godoy for the presidency of the Network was the fact that the father of the “boy”, the businessman Edson de Godoy Bueno, to be one of the controllers of the network Of Dasa laboratories.


However, even with the challenges, the “Pedro boy” does not let himself be shaken and affirms that it takes “hard work” to impose himself in the face of lack of experience and to excel at the beginning of his career. “I always wanted to do more, get more, and it made me want to do it,” he says. Still, the Dasa president says that in the graduation period, one way to find out what he really enjoyed doing, was to focus his focus more on professional than academic experience. The businessman Ricardo Tosto emphasizes that the choice of Pedro de Godoy Bueno by the law college in Brazil, came, precisely, by the possibility of having a professional experience here, while studying.


Already within the financial market, Pedro de Godoy Bueno emphasizes the high level of learning acquired working in investment banks. He highlights having found there, dedicated people who like to do the best for the company. “The financial market has the culture to bring young people, who do not have much experience, and to give a challenge to these people,” points out Pedro.

Whistleblowers have an attorney on their side

In the past whistle blowing could easily cost a person his or her job. There were no laws that protected an employee in the event that they blew the whistle on illegal activity that was occurring in a company or business. Today, thanks to the Dobb-Frank Wall Street Reform and Consumer Protection Act, enacted by Congress in 2010, employees are protected. This reform and protection act has created a program that shields a person from getting fired. It also offers financial incentives to those persons that reveal possible instances where a company or business has broken federal securities laws to the Securities and Exchange Commission.

To help whistleblowers continue to feel comfortable in breaking their silence, Labaton Sucharow has developed the first law firm in the nation that is completely dedicated to providing protection and advocacy on behalf of SEC whistleblowers. This law firm has created a top-notch team composed of forensic accountants, investigators, and financial analysts that help to provide sound representation for whistleblowers. The firm is headed by Jordan A. Thomas. Thomas has much experience working with the SEC and he also has helped to develop the Whistleblower Program. He was responsible for drafting the proposed legislation as well as finalizing some of the rules.

With the assistance of Thomas the Whistle blowing programs provides a list of incentives to individuals. One of the incentives is money. Under the program the SEC is required to compensate the whistleblower with 10-30% of the money sanctions that were retrieved due to the acts of the whistleblower.
In addition to making sure that whistleblowers are properly compensated, the Labaton Sucharow makes sure that these individuals are protected. Previously, the jobs of whistleblowers were placed in jeopardy once they came forward with some incriminating information against the company or business that they work for. Today the Dodd-Frank Act helps to prevent these types of situations from occurring. Even though the Dodd-Frank Act is able to shield some employees may still be afraid to report information to the SEC.

Learn more about SEC Whistleblower lawyers