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Antonio Pereira Association et al v. Merrill Lynch, Pierce, Fenner & Smith Inc. et al
Case Number:
1:23-cv-08160
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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September 30, 2024
Big Banks Get Brazilian Pollution Suit Booted From NY
A New York federal judge on Monday dismissed an effort by a Brazilian city and residents to hold several big banks liable for allegedly financing environmentally ruinous mining operations in their region, ruling the matter would be more appropriately heard in Brazil.
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February 26, 2024
Banks Say Brazil Pollution Suit In NY Is In Wrong Country
Four leading financial institutions are urging a New York federal judge to throw out a pair of proposed class suits accusing them of enabling environmental degradation in Brazil by lending $17.2 million to Brazilian mining company Vale SA, arguing the claims don't belong in the United States because they are "all about Brazil."
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September 18, 2023
Big Banks Financed Vale's Pollution Of Brazil, Suits Say
Some of the world's largest financial institutions have enabled environmental degradation and exacerbated the risk of catastrophic dam collapses by lending $17.2 billion to Brazilian mining company Vale SA, according to two proposed class actions filed in New York federal court.