UPCOMING DEADLINE: Levi & Korsinsky, LLP Reminds Shareholders of Vale S.A. of Class Action Lawsuit and a Lead Plaintiff Deadl...
February 05 2016 - 10:01AM
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 November 7, 2013 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 November 7, 2013 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.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
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