Samarco is a joint venture between the world's largest mining company, BHP Billiton Ltd , and the biggest iron ore miner, Vale SA .
The dam burst earlier this month, unleashing 60 million cubic meters of mud and mine waste that devastated a village, killed at least 13 people and polluted a major river.
Teixeira said the suit will be filed on Monday.
The proceeds will be used for environmental cleanup in the Rio Doce valley.