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Banco Safra S.A. - Cayman Islands Branch v. Samarco Mineracao S.A. et al
Case Number:
1:16-cv-08800
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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June 18, 2019
Samarco Escapes Investor Suit Over Deadly Dam Collapse
A New York federal judge said Tuesday that a bank branch's proposed class action accusing a Brazilian mining company of misleading investors about the safety of an iron ore dam that collapsed in 2015 falls outside of U.S. jurisdiction.
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November 15, 2016
Bank Launches Noteholder Class Action Over Dam Burst
A Brazilian mining company owned by Vale SA and BHP Billiton Ltd. assured noteholders of its environmental protection efforts despite ignoring repeated warnings that foresaw a deadly dam collapse, a putative class alleged in New York federal court Monday.