Important Update: Decision letters have been sent to all claimants.
Approved claimants must provide the payment information requested in their decision letter by June 8, 2025.
The settlement was approved by Order of the Court on January 5, 2023.
If you acquired Northland Resources S.A. Securities between April 1, 2012 and January 23, 2013 and held some or all of those Securities as of January 23, 2013, you may be a member of the proposed class.
The settlement required the payment of EUROS 7,550,000.00 for the benefit of Class Members. The settlement amount, minus Court-approved Class Counsel fees, disbursements, administration costs and applicable taxes will be distributed to Class Members pursuant to the Court-approved Plan of Distribution.
The Claims Administrator has completed their review of all claims submitted and decision letters were sent by e-mail or regular mail to all claimants on May 9, 2025.
If you included an e-mail address in your claim form and have not received your decision letter, we recommend that you check your e-mail junk folder prior to contacting the Claims Administrator. Claims submitted without an e-mail address will be receiving their decision letter through regular mail. Please allow time for the decision letter to arrive by mail before contacting the Claims Administrator.
Settlement payments are currently anticipated to be sent in the third quarter of 2025. More information will be posted here once available.
Approved claimants MUST provide the requested payment information by June 8, 2025 in order to receive their settlement payment.
The deadline to have submitted a claim was December 15, 2023. It is no longer possible to submit a late claim.
For more information on decision letters, the process to have your decision letter reconsidered, and all other claim or settlement related questions, please visit the FAQ page.
For all other case related information, including who is included in the Action and who represents Class Members, please visit the FAQ page.
To view a copy of the Settlement Agreement, Plan of Distribution, Court Orders and other case documents, please visit the Documents page.