- Vale (VALE -5.3%) says a U.S. district court has annulled nearly all parts of a class action lawsuit against the company and executives over the 2015 Samarco tailings dam collapse that killed 19 people in Brazil.
- Vale says the only parts of the case that remain ongoing are linked to specific statements the company made in 2013-14 and a conference call in November 2015.
- Vale jointly runs the Samarco mine with BHP Billiton (BHP -3.3%).