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VALE SA-SP ADR Settlement

Allegations include the Brazilian multinational metals and mining corporation made false and/or misleading statements and failed to disclose material adverse information about its business or operations.

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Overview

This settlement fund has been established to compensate all persons who purchased shares in the corporation during the period of April 13, 2010 through January 28, 2019 ("Class Period"). The Plaintiffs have alleged that the Brazilian multinational metals and mining corporation made false and/or misleading statements and failed to disclose material adverse information about its business or operations.

The company is one of Brazil's largest logistics operators and one of the world's top mining corporations. Vale produces pellets, iron ore and nickel, among other materials. In addition, it runs an energy business to fulfill the needs of its mining operations.

Lead Plaintiff Deadline:March 29, 2019
Status:Pending
Preliminarily Approved Settlement Fund:TBD
Class Period:April 13, 2010 - January 28, 2019

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