NEW YORK, Dec. 1, 2015 /PRNewswire/ -- Attorney Advertising
-- Bronstein, Gewirtz & Grossman, LLC is investigating
potential claims on behalf of purchasers of the securities of Vale
S.A. ("Vale" or the "Company") (NYS: VALE -News). Such
investors are advised to contact Peretz
Bronstein or his investor relations coordinator Eitan Kimelman at info@bgandg.com or
212-697-6484.
The investigation concerns whether Vale and certain of its
officers and/or directors have violated Sections 10(b) and 20(a) of
the Securities Exchange Act of 1934.
On November 27, 2015, Enviroment
Minister Izabella Teixeira told
reporters that, Brazil's federal
and state governments plan to sue the owners of the Samarco iron
ore miner for 20 billion reais ($5.24
billion) in damages caused by the burst of a tailings
dam. 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.
Following this news, shares of Vale fell $0.20, or 5.6%, to close at $3.37 on November 30,
2015.
If you are aware of any facts relating to this investigation, or
purchased shares of Vale, you can assist this investigation by
contacting Peretz Bronstein or his
Investor Relations Coordinator Eitan
Kimelman of Bronstein, Gewirtz & Grossman, LLC at
212-697-6484 or via email info@bgandg.com. Those who inquire
by e-mail are encouraged to include their mailing address, email
and telephone number.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation
boutique. Our primary expertise is the aggressive pursuit of
litigation claims on behalf of our clients. In addition to
representing institutions and other investor plaintiffs in class
action security litigation, the firm's expertise includes general
corporate and commercial litigation, as well as securities
arbitration. Attorney advertising. Prior results do not
guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Eitan Kimelman 212-697-6484
info@bgandg.com
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SOURCE Bronstein, Gewirtz & Grossman, LLC