Vale informs about the United States Securities and Exchange Commission (“SEC”)
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Vale informs about the United States Securities and Exchange Commission (“SEC”)
Vale confirms that today the U.S. Securities and Exchange Commission (“SEC”) filed suit against the Company in the U.S. District Court for the Eastern District of New York, alleging that certain Vale disclosures violated U.S. securities laws. The lawsuit focuses on disclosures related to Vale’s dam safety management prior to the tragic dam failure in Brumadinho, Minas Gerais, Brazil in January 2019. Vale denies the SEC’s allegations, including the allegation that its disclosures violated U.S. law, and will vigorously defend this case. The Company reiterates the commitment it made right after the rupture of the dam, and which has guided it since then, to the remediation and compensation of the damages caused by the event.
Media Relations Office - Vale
imprensa@vale.com
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