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BHP settles Australian Samarco shareholder class action for $72m
Yahoo Finance·2025-09-09 17:24

BHP has reached a settlement agreement to resolve the Australian Samarco shareholder class action, which is pending approval by the Federal Court of Australia. The lawsuit was initiated on behalf of investors who purchased BHP shares before the 2015 Fundão tailings dam collapse. The class action was filed in the Federal Court of Australia in 2018, representing individuals who acquired shares in BHP Group Limited or BHP Group (UK) between 8 August 2012 and 9 November 2015. Samarco Mineração, the joint ve ...