08
Feb
17:18
Cliffs settles Bloom Lake lawsuit for $84m
US iron ore miner Cliffs Natural Resources will pay $84 million to settle a pending federal securities lawsuit related to its divested Bloom Lake mine in the Canadian province of Quebec.
Cliffs says the lawsuit was “…based, among other things, on the alleged dissemination of false or misleading information by the previous management and previous board of directors regarding the company's former Bloom Lake mine in Canada, the impact of those oper…
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