Welcome to the Baja Mining Corp. Class Action website
A class action has been commenced on behalf of all persons and entities, wherever they reside or be domiciled, who acquired Baja Mining Corp. securities between November 1, 2010 and April 23, 2012 (the “Class Period”) and who held some or all of those securities as of April 23, 2012.
A settlement has been reached with the defendants in which $11,000,000 will be paid for the benefit of Class Members (the “Settlement”). In exchange, the defendants will be provided with a full and final release of claims made against them in relation to the facts and issues alleged or which could have been alleged in the Baja Mining Class Action Lawsuit. The defendants do not admit any wrongdoing or liability in relation to the Baja Mining Class Action Lawsuit. The Settlement represents a final resolution of all issues contained in the Baja Mining Class Action Lawsuit.
Your legal rights and options:Submit a Claim Form
The Claim Form can be found in the Documents tab. The Claim Deadline is August 4, 2016. To make a claim, print off the Claim Form, fill out the required information, attach the supporting documentation, and mail it to the Claims Administrator on or before August 4, 2016. Detailed instructions can be found on the Claim Form itself.
As a Class Member, you are entitled to participate in the settlement and you are legally bound by the settlement. You may no longer opt-out of this action.
If you do nothing, you will not receive compensation from the settlement and will not have future rights to collect against Baja Mining Corp. unless you validly opted out. The deadline for Class Members to opt out of the Baja Mining Class Action Lawsuit was June 1, 2015. If you did not previously opt out, you are legally bound by the results of the Baja Mining Class Action Lawsuit, including the Settlement.