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TV.TO
id: 1677

Trevali Mining ($TV) CAD $2.8M Investor Settlement

Late claims are being considered for compensation, subject to approval.
$2,800,000
Cash Settlement
VLC-S-S-228113
Case number
04/14/2022
Class period Start
08/15/2022
Class period End
12/04/2025
Claim deadline
Trevali Mining Corporation ($TV) has agreed to settle CAD $2.8M with investors to resolve claims that it misled them about operational and safety risks and withheld key details about problems that contributed to the fatal Perkoa Mine flooding.
Case Type
Canadian Securities Class Action
Case Status
Accepting Late Claims
Alleged Offence
Misleading Statements
Financial Misrepresentation
Failure to Disclose
Suspected Party
Management
Security Type
Stocks
Trade Direction
Long
Plaintiffs
Michael Demmer, Rodney Brunk, Tim Kempter, William Williamson
Defendants
Ricus Grimbeek ; Brendan Creaney ; Jill Gardiner ; Russell Ball ; Aline Cote ; Nick Popovic ; Jeane Hull ; Dan Isserow ; Richard Williams
Attorney fee
$898,079
Trades matching type
FIFO

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