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DEADLINE ALERT for FCX, PRGO, STUB, ARE: Law Offices of Howard G. Smith Reminds Investors of Opportunity to Lead Securities Fraud Class Actions
Globenewswire· 2025-12-12 23:08
Core Viewpoint - Class action lawsuits have been filed against several publicly-traded companies, alleging misleading statements and failures to disclose critical information that affected shareholders during specified class periods [1]. Group 1: Freeport-McMoRan Inc. (NYSE: FCX) - The class period for Freeport-McMoRan is from February 15, 2022, to September 24, 2025, with a lead plaintiff deadline of January 12, 2026 [2]. - Allegations include failure to ensure safety at the Grasberg Block Cave mine, leading to heightened risks for workers and potential regulatory and reputational consequences [2]. Group 2: Perrigo Company plc (NYSE: PRGO) - The class period for Perrigo is from February 27, 2023, to November 4, 2025, with a lead plaintiff deadline of January 16, 2026 [3]. - The complaint claims significant underinvestment in the infant formula business acquired from Nestlé, requiring substantial capital expenditures beyond stated estimates, resulting in overstated financial results [3]. Group 3: StubHub Holdings, Inc. (NYSE: STUB) - The class period for StubHub is from its September 2025 IPO, with a lead plaintiff deadline of January 23, 2026 [4]. - Allegations include misleading statements regarding changes in vendor payment timing, adversely affecting free cash flow and misrepresenting the company's financial health [4]. Group 4: Alexandria Real Estate Equities, Inc. (NYSE: ARE) - The class period for Alexandria is from January 27, 2025, to October 27, 2025, with a lead plaintiff deadline of January 26, 2026 [5]. - The complaint alleges that the company overstated the value of its life-science properties and downplayed declining occupancy stability, leading to materially misleading statements about its business prospects [5].
Shareholders of Freeport-McMoRan Inc. Should Contact Levi & Korsinsky Before January 12, 2026 to Discuss Your Rights – FCX
Globenewswire· 2025-12-12 21:29
Core Viewpoint - A class action securities lawsuit has been filed against Freeport-McMoRan Inc. alleging securities fraud affecting investors between February 15, 2022, and September 24, 2025 [1][2]. Group 1: Allegations - The lawsuit claims that Freeport-McMoRan did not ensure adequate safety at the Grasberg Block Cave mine in Indonesia [2]. - It is alleged that the lack of proper safety measures posed a heightened risk that could foreseeably lead to worker fatalities [2]. - The complaint states that these safety issues resulted in undisclosed regulatory, litigation, and reputational risks, making the company's statements about its business and operations materially false and misleading [2]. Group 2: Legal Process - Investors who suffered losses during the specified timeframe have until January 12, 2026, to request appointment as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3]. Group 3: Law Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].
FREEPORT-MCMORAN NOTICE: Freeport-McMoRan Inc. (FCX) Investors are Notified of Securities Fraud Class Action and to Contact BFA Law by January 12
Newsfile· 2025-12-12 13:36
Core Viewpoint - Freeport-McMoRan Inc. is facing a class action lawsuit for securities fraud, which has resulted in significant stock price drops due to alleged violations of federal securities laws [1][3]. Group 1: Lawsuit Details - A class action lawsuit has been filed against Freeport-McMoRan and certain senior executives, asserting claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [3]. - Investors have until January 12, 2026, to request to lead the case, which is pending in the U.S. District Court for the District of Arizona [3]. - The lawsuit alleges that Freeport overstated its commitment to safety while conducting unsafe mining practices at the Grasberg mine, which could lead to worker fatalities [5]. Group 2: Stock Price Impact - On September 9, 2025, Freeport's stock dropped by $2.77 per share (over 5.9%) following a press release about suspended mining operations due to a landslide [6]. - Following an update on September 24, 2025, indicating two fatalities and a projected 4% drop in copper sales and 6% drop in gold sales, the stock fell by $7.69 per share (almost 17%) [7]. - Additional reports on September 25, 2025, regarding strained relations with the Indonesian government led to a further decline of $2.33 per share (over 6%) [9]. - An Indonesian news report on September 28, 2025, claimed the incident was preventable, further impacting investor confidence [10].
Deadline Alert: Freeport-McMoran Inc. (FCX) Shareholders Who Lost Money Urged To Contact Glancy Pron
Globenewswire· 2025-12-12 01:30
Core Viewpoint - Freeport-McMoRan Inc. is facing a class action lawsuit due to alleged safety failures at its Grasberg Block Cave operation in Indonesia, which resulted in a tragic incident leading to worker fatalities and significant stock price declines [1][5]. Incident Overview - On September 9, 2025, Freeport announced the suspension of mining activities at the Grasberg Block Cave after a large flow of wet material trapped seven workers, causing the stock price to drop by $2.77, or 5.9%, closing at $43.89 per share [2]. - On September 24, 2025, Freeport reported that two of the trapped workers had died, leading to a further stock price decline of $7.69, or 17%, closing at $37.67 per share [3]. - Following the incident, concerns arose regarding Freeport's relationship with the Indonesian government, which controls 51% of the local entity, resulting in an additional stock price drop of $2.33, or 6.2%, to close at $35.34 on September 25, 2025 [4]. Lawsuit Details - The lawsuit alleges that from February 15, 2022, to September 24, 2025, Freeport failed to disclose inadequate safety measures at the Grasberg mine, which posed a heightened risk of worker fatalities and regulatory issues, rendering the company's positive statements about its operations misleading [5]. - Investors who purchased Freeport securities during the class period are encouraged to file a lead plaintiff motion by January 12, 2026 [6].
Freeport-McMoRan Stock: Operations Reset And A Clearer Path Forward (NYSE:FCX)
Seeking Alpha· 2025-12-12 00:51
分组1 - The company is experiencing a dual narrative, with one aspect being the aftermath of a significant shock in Indonesia [1] - The analysis connects macroeconomic dynamics with company-level valuation to identify long-term investment opportunities [1] 分组2 - The investment approach focuses on deep value and long-term perspectives, particularly on underfollowed names and structural stories in leading companies [1]
Shareholders that lost money on Freeport-McMoRan Inc.(FCX) Urged to Join Class Action – Contact The Gross Law Firm to Learn More
Globenewswire· 2025-12-11 21:37
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Freeport-McMoRan Inc. regarding a class action lawsuit related to alleged misleading statements and safety issues at the Grasberg Block Cave mine in Indonesia [1][3]. Summary by Sections Class Action Details - The class period for the lawsuit is from February 15, 2022, to September 24, 2025 [3]. - Allegations include that Freeport failed to ensure adequate safety measures at the Grasberg Block Cave mine, leading to increased risks for workers and potential regulatory and reputational consequences [3]. Shareholder Information - Shareholders are encouraged to register for the class action by January 12, 2026, to participate in any recovery [4]. - Registration will provide shareholders with updates throughout the case lifecycle, and there is no cost or obligation to participate [4]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [5]. - The firm aims to hold companies accountable for misleading statements that inflate stock prices, ensuring responsible business practices [5].
Freeport-McMoRan Inc. Class Action: The Gross Law Firm Reminds Freeport-McMoRan Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 12, 2026 - FCX
Prnewswire· 2025-12-11 14:00
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Freeport-McMoRan Inc. regarding a class action lawsuit alleging that the company made materially false and misleading statements related to safety practices at its Grasberg Block Cave mine in Indonesia [1]. Group 1: Allegations - The complaint alleges that Freeport-McMoRan did not adequately ensure safety at the Grasberg Block Cave mine [1]. - It is claimed that the lack of proper safety precautions posed a heightened risk that could foreseeably lead to worker fatalities [1]. - The allegations include that this situation constituted an undisclosed heightened risk of regulatory, litigation, and reputational issues [1]. - As a result, the defendants' statements about Freeport-McMoRan's business, operations, and prospects were materially false and misleading [1]. Group 2: Class Action Details - The class period for the lawsuit is from February 15, 2022, to September 24, 2025 [1]. - Shareholders who purchased shares during this period are encouraged to contact the Gross Law Firm for possible lead plaintiff appointment [1]. - The deadline for shareholders to seek lead plaintiff status is January 12, 2026 [2]. Group 3: Firm's Mission - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered due to deceit, fraud, and illegal business practices [3]. - The firm aims to ensure that companies adhere to responsible business practices and engage in good corporate citizenship [3]. - The firm seeks recovery for investors who incurred losses due to false or misleading statements that led to artificial inflation of the company's stock [3].
FCX INVESTOR NOTICE: Freeport-McMoRan Inc. Stock Dropped 25% after Safety Issues; Contact BFA Law about the Pending Securities Class Action
Globenewswire· 2025-12-11 13:07
Core Viewpoint - A class action lawsuit has been filed against Freeport-McMoRan Inc. and certain senior executives for securities fraud following significant stock drops attributed to potential violations of federal securities laws [1][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the District of Arizona, captioned Reed v. Freeport-McMoRan Inc., et al., No. 2:25-cv-04243, with claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [3]. - Investors have until January 12, 2026, to request to be appointed to lead the case [3]. Group 2: Company Operations and Safety Claims - Freeport-McMoRan operates the Grasberg Copper and Gold Mine in Indonesia through its affiliate PT Freeport Indonesia, where the Indonesian government holds a commercial interest [4]. - The company has been accused of overstating its commitment to safety, as unsafe mining practices at the Grasberg mine were likely to result in worker fatalities [5]. Group 3: Stock Price Impact - On September 9, 2025, Freeport's stock dropped by $2.77 per share (over 5.9%) following a press release about suspended mining operations due to a landslide that trapped seven team members [6]. - Following an update on September 24, 2025, indicating two fatalities and a projected 4% decrease in copper sales and 6% decrease in gold sales, the stock fell by $7.69 per share (almost 17%) [7]. - On September 25, 2025, reports of strained relations with the Indonesian government led to a further decline of $2.33 per share (over 6%) [8]. - An Indonesian news report on September 28, 2025, suggested that the landslide was preventable, further impacting investor confidence [9].
Bragar Eagel & Squire, P.C. Reminds Investors of Freeport and Primo Brands to Contact the Firm About their Rights Before Lead Plaintiff Deadlines
Globenewswire· 2025-12-10 23:16
Group 1: Freeport-McMoran Inc. (NYSE:FCX) - A class action lawsuit has been initiated on behalf of stockholders of Freeport-McMoran Inc. alleging that the company made false and misleading statements regarding safety at the Grasberg Block Cave mine in Indonesia [7] - The lawsuit claims that Freeport did not adequately ensure safety, leading to a heightened risk of worker fatalities and undisclosed regulatory, litigation, and reputational risks [7] - Investors are encouraged to petition the court to serve as lead plaintiff by the deadline of January 12, 2026 [7] Group 2: Primo Brands Corporation (NYSE:PRMB) - A class action lawsuit has been filed for stockholders of Primo Brands Corporation following a merger announcement with Blue Triton Brands, which was described as a transformative all-stock transaction [7] - The complaint alleges that the merger integration faced significant challenges, including technology and service issues, contradicting earlier positive statements from the company [7] - Following the announcement of a new CEO and a reduction in financial guidance, the stock price dropped by $8.20 per share, over 36%, resulting in a loss of $2.0 billion in market capitalization [7]
FCX NOTIFICATION: BFA Law Notifies Freeport-McMoRan Inc. Investors of the Pending Class Action Lawsuit and Upcoming January 12 Legal Deadline
Newsfile· 2025-12-10 12:18
FCX NOTIFICATION: BFA Law Notifies Freeport-McMoRan Inc. Investors of the Pending Class Action Lawsuit and Upcoming January 12 Legal DeadlineDecember 10, 2025 7:18 AM EST | Source: Bleichmar Fonti & AuldNew York, New York--(Newsfile Corp. - December 10, 2025) - Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Freeport-McMoRan Inc. (NYSE: FCX) and certain of the Company's senior executives for securities fraud after significant ...