NEW ORLEANS, March 15, 2019 /PRNewswire/ -- ClaimsFiler,
a FREE shareholder information service, reminds investors that they
have until March 29, 2019 to
file lead plaintiff applications in securities class action
lawsuits against Vale S.A. (NYSE: VALE), if they purchased the
Company's securities between April 11,
2017, and January 28, 2019,
inclusive (the "Class Period"). These actions are pending in
the United States District Courts
for the Eastern and Southern Districts of New York.
Get Help
Vale investors should visit us at
https://www.claimsfiler.com/cases/view-vale-sa-securities-litigation-1
or call toll-free (844) 367-9658. Lawyers at Kahn Swick &
Foti, LLC are available to discuss your legal options.
About the Lawsuit
Vale and certain of its executives are charged with failing to
disclose material information during the Class Period, violating
federal securities laws.
On November 5, 2015, Brazilian
authorities reported that a mine co-owned by Vale had burst,
killing dozens of people and devastating the local community. Then,
on January 28, 2019, news sources
reported that Brazilian authorities were pursuing criminal
prosecutions and that "Brazilian securities industry regulator CVM
has opened a probe into miner Vale SA's filings," both relating to
the disaster.
On this news, the price of Vale's shares plummeted.
The first-filed case is Rauch v. Vale S.A. et al, 19-cv-
19cv526.
About ClaimsFiler
ClaimsFiler has a single mission: to serve as the information
source to help retail investors recover their share of billions of
dollars from securities class action settlements. At
ClaimsFiler.com, investors can: (1) register for free to gain
access to information and settlement websites for various
securities class action cases so they can timely submit their own
claims; (2) upload their portfolio transactional data to be
notified about relevant securities cases in which they may have a
financial interest; and (3) submit inquiries to the Kahn Swick
& Foti, LLC law firm for free case evaluations.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
View original
content:http://www.prnewswire.com/news-releases/vale-shareholder-alert-claimsfiler-reminds-investors-with-losses-in-excess-of-100-000-of-lead-plaintiff-deadline-in-class-action-lawsuits-against-vale-sa---vale-300813400.html
SOURCE ClaimsFiler