A lawsuit was filed on behalf of investors in Vale S.A. (NYSE: VALE) shares over alleged securities laws violations.
San Diego, CA -- (SBWIRE) -- 02/11/2019 -- An investor, who purchased shares of Vale S.A. (NYSE: VALE), filed a lawsuit in the U.S. over alleged violations of Federal Securities Laws by Vale S.A..
Investors who purchased shares of Vale S.A. (NYSE: VALE) have certain options and for certain investors are short and strict deadlines running. Deadline: March 29, 2019. NYSE: VALE investors should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The plaintiff claims that between April 13, 2018 and January 28, 2019, the defendants made false and/or misleading statements and/or failed to disclose that Vale had failed to adequately assess the risk and damage potential of a dam breach at its Feijão iron ore mine, that Vale's programs to mitigate health and safety incidents were inadequate, that consequently, several people were killed and hundreds more were reported missing after Vale's dam at its Feijão mine was breached, and that as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Those who purchased shares of Vale S.A. (NYSE: VALE) have certain options and should contact the Shareholders Foundation.
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The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.