Gradiente's lawsuit awaits justice.

247_Gradiente's stock is surprising the stock market this year. The IGBR3 share is up more than 125%. The company is still in the final stages of judicial reorganization, but even so, investors are confident in the return of the famous brand of electronic appliances. In recent days, however, its performance on the stock exchange has fluctuated abruptly. In the same trading session, the stock goes from high to low, showing the current inconsistency regarding news that may affect the company. On Wednesday the 29th, the stock closed down 10% on the BM&FBovespa. In the early afternoon, the loss was reduced to just over 3%. In three days, the devaluation reached 15%. What affects the stock is a lawsuit, scheduled to be decided this Thursday the 30th. At stake are taxes unduly paid in the amount of R$ 300 million that may return to Gradiente's coffers.

In recent days, investors have been placing their bets, and some suspect that the company may lose the lawsuit filed four years ago against the Superintendency of the Manaus Free Trade Zone (Suframa). Gradiente is seeking reimbursement for taxes unduly paid to Suframa over eight years. The case was supposed to be judged in the first instance in May, but it was postponed. The time the lawsuit has been taking coincides with the period Gradiente has been preparing to return to operating in the Brazilian market. Recently, the electronics manufacturer completed its financial restructuring program and should return to stores starting in the second half of this year. The R$ 300 million does not eliminate the debt, but it minimizes the company's economic problems.