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Securities and Exchange Commission of the United States v. Vale, S.A.
Case Number:
1:22-cv-02405
Court:
Nature of Suit:
Judge:
Firms
Government Agencies
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March 28, 2023
SEC Nabs $56M Settlement In Deadly Mine Collapse Suit
The U.S. Securities and Exchange Commission told a New York federal court Tuesday that mining giant Vale SA has agreed to pay $55.9 million to settle a lawsuit alleging that it failed to alert investors about safety issues ahead of a deadly collapse at one of its Brazilian mines.
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December 19, 2022
Mining Co. Vale Wants Out Of SEC Dam Collapse Suit
Brazilian mining giant Vale SA wants a Brooklyn federal judge to toss U.S. Securities and Exchange Commission allegations it concealed from investors safety issues at its Brumadinho dam in the lead-up to a deadly collapse there.
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April 28, 2022
SEC Hits Brazil Co. With Fraud Suit Over Deadly Dam Collapse
The U.S. Securities and Exchange Commission claimed Thursday that Brazilian mining giant Vale SA knew its Brumadinho dam was unsafe before it collapsed and killed 270 people, but instead made false disclosures to dupe authorities and investors into thinking it was.