Day: March 30, 2023

SEC: Vale to Pay $56M for Misleading Disclosures Over Dam Safety

Brazilian mining company Vale has reached a $56 million settlement with the Securities and Exchange Commission to resolve charges for allegedly making “false and misleading disclosures about the safety of its dams,” the SEC announced. In January 2019, Vale’s Brumadinho dam collapsed, killing 270 people, and “causing immeasurable environmental and Read More