Rosen Law Firm, a global investor rights law firm, announces it is
investigating potential securities claims on behalf of shareholders of
Vale S.A. (NYSE:VALE) resulting from allegations that Vale may have
issued materially misleading business information to the investing
public.
On November 27, 2015, the Brazilian government issued a statement
indicating it would sue Vale, its Anglo-Australian partner BHP Billiton
Limited and their joint venture Samarco Mineração SA in response to a
catastrophic dam failure earlier this month. The dam failure displaced
hundreds of Brazilians and contaminated the Rio Doce River with a toxic
waste. On this news, shares of Vale fell sharply during intraday trading
on November 30, 2015, damaging investors.
Rosen Law Firm is preparing a class action lawsuit to recover losses
suffered by Vale investors. If you purchased shares of Vale on or before
November 27, 2015, please visit 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.
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