SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Vale S.A. of Class Action Lawsuit & a Lead Plaintiff Deadli...
January 27 2016 - 4:02PM
Business Wire
The following statement is being issued by Levi & Korsinsky,
LLP:
To: All persons or entities who purchased or otherwise
acquired securities of Vale S.A. (“Vale”) (NYSE:VALE)
between March 21, 2015 and November 30,
2015.
You are hereby notified that a securities class action
lawsuit has been commenced in the USDC for the Southern District of
New York. If you purchased Vale securities between March 21, 2015
and November 30, 2015, your rights may be affected by this action.
To get more information go to:
http://zlk.9nl.com/vale
or contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972. There is no cost or obligation to you.
The complaint alleges that Vale issued false and misleading
statements 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.
If you suffered a loss in Vale you have until February 5, 2016 to request that the Court
appoint you as lead plaintiff. Your ability to share in any
recovery doesn’t require that you serve as a lead plaintiff.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, California, Connecticut, and Washington D.C. The
firm’s attorneys have extensive expertise and experience
representing investors in securities litigation, and have recovered
hundreds of millions of dollars for aggrieved shareholders.
Attorney advertising. Prior results do not guarantee similar
outcomes.
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version on businesswire.com: http://www.businesswire.com/news/home/20160127006417/en/
Levi & Korsinsky, LLPJoseph E. Levi, Esq., 212-363-7500Toll
Free: 877-363-5972Fax: 212-363-7171www.zlk.com
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