Turquoise Hill Resources Ltd., Rio Tinto plc, Rio Tinto Limited, Rio Tinto International Holdings Limited
Settlement Snapshot
As of the July 20, 2026 authorization judgment, this case had reached: Pending Approval. The Settlement Approval Hearing is scheduled for October 20, 2026. For current status, deadlines, and to file a claim, visit the official settlement website.
What This Case Was About
A securities class action was brought against Turquoise Hill Resources Ltd., Rio Tinto plc, Rio Tinto Limited, Rio Tinto International Holdings Limited, and certain of their officers and directors, alleging misrepresentations regarding an underground development project in disclosure documents and public statements. It was brought on behalf of investors who acquired TRQ securities between July 31, 2018 and July 31, 2019. The Respondents deny any wrongdoing or liability, and the allegations have not been proven in court.
Who Was Eligible
- You purchased or otherwise acquired TRQ securities between July 31, 2018 and July 31, 2019
- Your purchase was in a non-U.S. transaction or on an exchange outside the United States
- You held all or some of those securities until after July 15, 2019 or July 31, 2019
- You are not an Excluded Person (Respondents, their immediate families, controlled entities, directors, officers, subsidiaries, or affiliates)
What Was Offered
Under the proposed Settlement, CAD $22,663,980.00 would be paid in full and final settlement of all claims, inclusive of Class Counsel fees, taxes, expenses, and administration costs. If approved, the net amount would be divided pro rata among Settlement Class Members who submit a valid Claim Form, based on their compensable investment loss.
Contact
Concilia Services Inc.
5900 Andover Avenue, Suite 1
Montréal, Québec H4T 1H5
T: 1-888-770-6892
E: [email protected]
KND Complex Litigation
2300 Yonge Street, Suite 401
Toronto, Ontario M4P 1E4
T: 1-236-888-7700
E: [email protected]
Court Documents
Download official documents
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