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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.
$2,800,000
Cash SettlementVLC-S-S-228113
Case number04/14/2022
Class period Start08/15/2022
Class period End12/04/2025
Claim deadlineTrevali Mining Corporation ($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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