June 10, 2020
A Manhattan federal judge signed off Wednesday on a $25 million settlement between Vale SA and investors who say the mining giant misled them prior to a deadly dam collapse that sunk its shares — a deal that includes $5.7 million for plaintiffs' firm Bernstein Litowitz Berger & Grossmann LLP.
February 10, 2020
Brazil's Vale SA has reached a $25 million settlement to end investors' proposed class action accusing the world's largest iron ore producer of lying about the safety of a dam that collapsed in 2015 and killed 19 people.
October 05, 2018
A Brazilian mining company has told a New York federal court a securities fraud putative class action brought by investors over statements made before and after a dam collapse in Brazil that killed 19 people should not be certified, saying that resolving the lead plaintiffs' claims won't produce common answers.