Did you acquire securities from the Trevali Mining Corporation between October 9, 2020 and August 15, 2022 (including)? A comparison approved by the Supreme Court of British Colombia can affect their rights. You may have to act immediately.
KND Complex Litilation announces the final approval of the comparison in a warrant of security, which on behalf of a group of shareholders from Trevali Mining Corporation (“Treval“) In connection with the procedures before the Supreme Court of British Columbia at Vancouver Registry, No. VLC-SS-228113 (“Securities Class Action“) and No. S-226670 (“CCAA Proceedings“).
The comparison provides for the payment of $ 2.8 million for the complete and final settlement of the claims of the members of the collecting plaintiff as well as the complete and final exemption from Trevali and some of his former directors, which were named in the Securities Class Action as a defendant. The comparison is not an admission of liability, misconduct or guilt on the part of the defendant, which all denied and continue to deny the allegations raised against them.
In order to apply for compensation, claims entitled to claims must fill out and submit a claim form by December 4, 2025, 11:59 p.m. Vancouver (Pacific). Further details and instructions as well as the possibility of submitting an application form can be found on the website of the Claim Administrator at http://trevalisettlement.com/ .
The claim manager in relation to this comparison is Concilia and can by phone at 1-888-343-9770 or by email at trevali@conciliainc.com can be contacted. Inquiries regarding the management of the comparison and the claim procedure are to be addressed exclusively to the claimant.
The law firm KND Complex Litigation based in Toronto is the lawyer of the collecting plaintiffs. KND Complex Litilation has extensive experience in the representation of investors and consumers in the case of securities collection and complex litigation in several Canadian jurisdiction. The lawyer of the collecting plaintiff can be contacted under C/O Sage Nematollahi, trevali@knd.law.
Sage Nematollahi, KND Complex Litigation, trevali@knd.law
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