Final Settlement Approved in Trevali Mining Securities Class Action

Final Approval of Trevali Mining Settlement

On August 7, 2025, KND Complex Litigation announced the final approval of a settlement in a securities class action concerning Trevali Mining Corporation. This action relates to the claims made on behalf of shareholders who held securities from October 9, 2020, to August 15, 2022. The British Columbia Supreme Court in Vancouver addressed this matter, registering two significant case files: VLC-S-S-228113 (securities class action) and S-226670 (under the Companies' Creditors Arrangement Act - CCAA).

The approved settlement involves a substantial payout of $2.8 million to resolve the claims made by members of the shareholder group. Additionally, it grants a full and final release to Trevali and specific former directors who were named as defendants in this class action. Notably, the settlement does not imply any admission of liability or wrongdoing by the defendants, who continue to deny the allegations brought against them.

Eligible members of the group wishing to file a claim for compensation are required to complete and submit a claim form by December 4, 2025, at 11:59 PM Pacific Time. Detailed instructions on how to proceed and submit claims can be found on the claims administrator's website at trevalisettlement.com.

Concilia has been chosen as the claims administrator for this settlement, and individuals seeking assistance should reach out to them via email at [email protected] or by telephone at 1-888-343-9770. Only inquiries related to settlement management and the filing process should be directed to the claims administrator.

KND Complex Litigation, based in Toronto, represents the group of plaintiffs. With extensive experience in handling securities class actions and complex litigation across Canada, the firm is committed to advocating for investors and consumers. For further clarification, members of the group can contact Sage Nematollahi at [email protected].

As the settlement period draws to a close, affected shareholders are urged to act swiftly to secure their rights under this resolution. The implications of this settlement are significant, given the monetary relief awarded, and it marks a crucial step in addressing the grievances of those impacted by Trevali Mining's past actions.

In light of the ongoing complexities surrounding corporate governance and securities, this case serves as a reminder of the importance of comprehensive investor awareness and proactive legal representation in the world of finance. Stakeholders are encouraged to stay informed about their legal rights and to act in accordance with the guidelines outlined in the settlement approval notice.