INVESTOR NOTICE: Rosen Law Firm Reminds Vale S.A. Investors of Important February 5, 2016 Deadline in Class Action Filed by F...
January 22 2016 - 2:55PM
Rosen Law Firm, a global investor rights law firm, reminds
purchasers of Vale S.A. (NYSE:VALE) securities from March 21, 2015
through November 30, 2015, all dates inclusive (the “Class Period”)
of the important February 5, 2016 lead plaintiff deadline in the
class action filed by the firm. The lawsuit seeks to recover
damages for Vale investors under the federal securities laws.
To join the Vale class action, go to the firm’s
website at http://rosenlegal.com/cases-793.html or call Phillip
Kim, Esq. or Kevin Chan, Esq. toll free at 866-767-3653 or email
pkim@rosenlegal.com or kchan@rosenlegal.com for more information on
the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE
ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY
COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS
MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR
CHOICE.
According to the lawsuit, throughout the Class
Period Defendants issued false and misleading statements to
investors and/or failed to disclose that: (1) the accident at
Samarco of the bursting of the Fundao Dam resulted in the spillage
of toxic waste; (2) Vale had a contract with Samarco that allowed
Vale to deposit iron ore waste from its treatment plants from
Vale’s Alegria mine into the Fundao Dam; (3) Vale’s programs and
procedures to mitigate environmental, health and safety incidents
were inadequate; and (4) as a result, Defendants’ statements about
Vale’s business and prospects were materially false and misleading
and/or lacked a reasonable basis at all relevant times. When the
true details entered the market, the lawsuit claims that investors
suffered damages.
A class action lawsuit has already been filed. If
you wish to serve as lead plaintiff, you must move the Court no
later than February 5, 2016. A lead plaintiff is a representative
party acting on behalf of other class members in directing the
litigation. If you wish to join the litigation, go to the firm’s
website at http://rosenlegal.com/cases-793.html for more
information. You may also contact Phillip Kim, Esq. or Kevin Chan,
Esq. of Rosen Law Firm toll free at 866-767-3653 or via email at
pkim@rosenlegal.com or kchan@rosenlegal.com.
Rosen Law Firm represents investors throughout the
globe, concentrating its practice in securities class actions and
shareholder derivative litigation. Attorney Advertising.
Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com
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