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Brazil's Vale says US court annuls most of class action over dam disaster

25th March 2017

By: Reuters

  

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SAO PAULO – Brazilian miner Vale said on Friday the US District Court for the Southern District of New York annulled the majority of a class action lawsuit against the company and executives over the collapse of a tailings dam in Brazil in 2015.

The only parts of the case that remain ongoing are linked to specific statements made by Vale in 2013 and 2014, and a conference call in November 2015, the company said.

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Edited by Creamer Media Reporter

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