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IN RE: BHP BILLITON LIMITED SECURITIES LITIGATION
Case Number:
1:16-cv-01445
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Faruqi & Faruqi
- Freshfields
- Glancy Prongay
- Hagens Berman
- Pomerantz LLP
- Robbins Geller
- Sullivan & Cromwell
Companies
Sectors & Industries:
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September 20, 2018
BHP Billiton To Pay $50M To End Investors' Dam Breach Suit
BHP Billiton Ltd. and BHP Billiton PLC have agreed to pay $50 million in cash to end a consolidated investor suit in New York alleging the mining giant lied about lax safety standards at a Brazilian processing facility before a massive dam breach, according to documents filed Wednesday.
-
February 25, 2016
BHP Billiton Lied About Dam Safety Before Breach, Suit Says
A proposed class of BHP Billiton investors slammed the Australian mining giant and its executives in New York federal court Wednesday for allegedly lying about lax safety standards at a processing facility in Brazil prior to a massive dam breach.