Important Settlement Details for Trevali Mining Investors
Key Settlement Approval for Trevali Mining Corporation Investors
If you acquired securities of Trevali Mining Corporation between October 9, 2020, and August 15, 2022, your rights may be affected by a settlement that has been approved. It is crucial to take prompt action to ensure your interests are protected.
Details of the Settlement
KND Complex Litigation has announced the final approval of a settlement in a securities class action involving Trevali Mining Corporation. This settlement follows legal proceedings at a Vancouver Registry, ensuring that shareholders have the necessary recourse.
The settlement provides a total payment of $2.8 million to fully resolve claims from class members. Importantly, this agreement also grants complete releases for the benefit of Trevali and specific former directors named as Defendants in the case. This does not imply any admission of guilt or wrongdoing by those Defendants, who maintain their innocence regarding all allegations.
Applying for Compensation
Eligible class members keen on obtaining compensation need to fill out a Claim Form and submit it before 11:59 p.m. Pacific Time on December 4, 2025. For more information regarding this process and to acquire the Claim Form, visit the Claims Administrator's website.
Claims Administrator Contact Information
The Claims Administrator for this settlement is Concilia, which can be reached by phone at 1-888-343-9770. Any questions related to the settlement administration or claims process should be directed to them.
KND Complex Litigation: Class Counsel
The law firm KND Complex Litigation, based in Toronto, acts as Class Counsel in this case. They bring extensive experience representing investors and consumers in various securities class actions and complex litigation in Canada. If you have further inquiries, you can contact them through Sage Nematollahi.
Contact KND Complex Litigation
Sage Nematollahi of KND Complex Litigation is available for inquiries. They are dedicated to assisting shareholders with questions about the ongoing situation regarding Trevali Mining Corporation.
Frequently Asked Questions
What is the deadline for submitting a claim?
The deadline for submitting a claim form is 11:59 p.m. Pacific Time on December 4, 2025.
What is the total amount of the settlement?
The total amount allocated for the settlement is $2.8 million.
Who should I contact for more information?
For detailed inquiries, reach out to the Claims Administrator at Concilia by phone at 1-888-343-9770.
Will the settlement require any admission of wrongdoing?
No, the settlement does not imply any admission of liability or wrongdoing by Trevali or its former directors.
How can I access the Claim Form?
You can obtain the Claim Form and further details from the Claims Administrator's website.
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