Jenny Barchfield

Eike Batista, the flamboyant Brazilian tycoon once named No. 7 on Forbes’ list of the world’s richest people, went on trial Tuesday in an insider trading case that could make him the first person in the country to go to prison on such charges.

Eike Batista, the flamboyant Brazilian tycoon once named No. 7 on Forbes’ list of the world’s richest people, went on trial Tuesday in an insider trading case that could make him the first person in the country to go to prison on such charges.