Australian court rules class-action lawsuits against BHP be cut to one
BHP is facing suits over the 2015 collapse of the Fundao tailings dam, which stored mining waste at a mined owned by the Samarco joint venture between BHP and Vale
Melbourne — On Tuesday, the Federal Court of Australia ordered that the number of class-action lawsuits against BHP over a Brazilian mine collapse be narrowed to one from three. BHP is facing legal challenges over the 2015 collapse of the Fundao tailings dam, which stored mining waste at a mined owned by the Samarco joint venture between BHP and Brazilian iron ore mining giant Vale. The disaster killed 19 and spilled about 40-million cubic metres of sludge over communities and into the Rio Doce river and the Atlantic Ocean. The Federal Court ruled that a class-action suit led by Vince Impiombato, filed in the state of Victoria, could proceed. The suit claims that Impiombato, a former BHP shareholder, sustained losses stemming from deceptive conduct and failures in continuous disclosure requirements. Additionally, the court placed a permanent stay, or hold, on a class action led by an Australian retirement fund and a temporary stay on a suit brought by the Los Angeles County Employee...
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