Core Viewpoint - Freeport-McMoran Inc. is facing a class action lawsuit due to alleged securities fraud related to safety issues at its Grasberg Block Cave operation in Indonesia, which resulted in significant stock price declines following a tragic incident involving trapped workers [2][3][4][5][6]. 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, leading to a stock price drop of $2.77, or 5.9%, closing at $43.89 per share [2]. - An update on September 24, 2025, revealed that two of the trapped workers had died, causing the stock price to fall by $7.69, or 17%, to close at $37.67 per share [3]. - Following media reports on September 25, 2025, regarding the implications of the production halt on Freeport's relationship with the Indonesian government, the stock price dropped another $2.33, or 6.2%, closing at $35.34 [4]. Lawsuit Details - The class action lawsuit alleges that Freeport made materially false and misleading statements and failed to disclose critical safety risks associated with its operations [5][6]. - Specific allegations include inadequate safety measures at the Grasberg mine, which heightened the risk of worker fatalities and led to undisclosed regulatory and reputational risks [6].

Core Viewpoint - Class action lawsuits have been filed against multiple publicly-traded companies, alleging that these companies made materially false and misleading statements regarding their business operations and prospects, leading to investor losses. Group 1: Stride, Inc. (NYSE: LRN) - The class period for Stride, Inc. is from October 22, 2024, to October 28, 2025, with a lead plaintiff deadline of January 12, 2026 [2] - Allegations include inflating enrollment numbers by retaining "ghost students," cutting staffing costs by overloading teachers, ignoring compliance requirements, suppressing whistleblowers, and losing student enrollments [2] Group 2: Primo Brands Corporation (NYSE: PRMB) - The class period for Primo Brands Corporation is from June 17, 2024, to November 6, 2025, with a lead plaintiff deadline of January 12, 2026 [3] - Allegations include poor merger integration with BlueTriton Brands, major supply disruptions affecting customers, and misleading positive statements about the company's business [3] Group 3: Freeport-McMoran Inc. (NYSE: FCX) - The class period for Freeport-McMoran Inc. is from February 15, 2022, to September 24, 2025, with a lead plaintiff deadline of January 12, 2026 [4] - Allegations include inadequate safety measures at the Grasberg Block Cave mine, which posed risks to workers and led to regulatory and reputational risks, along with misleading positive statements about the company's operations [4] Group 4: Perrigo Company plc (NYSE: PRGO) - The class period for Perrigo Company plc is from February 27, 2023, to November 4, 2025, with a lead plaintiff deadline of January 16, 2026 [6] - Allegations include significant underinvestment in the infant formula business acquired from Nestlé, the need for substantial capital expenditures for remediation, and overstated financial results due to manufacturing deficiencies [6]

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Freeport-McMoRan Inc. due to allegations of violations of federal securities laws related to safety issues at the Grasberg Block Cave mine in Indonesia, which resulted in significant investor losses [2][4]. Group 1: Allegations and Legal Actions - The complaint alleges that Freeport and its executives made false and misleading statements regarding safety at the Grasberg Block Cave mine, failing to disclose risks that could foreseeably lead to worker fatalities [4]. - Investors who purchased Freeport securities between February 15, 2022, and September 24, 2025, are reminded of the January 12, 2026, deadline to seek the role of lead plaintiff in a federal securities class action [2][4]. Group 2: Incident and Stock Price Impact - On September 9, 2025, Freeport suspended mining activities at the Grasberg Block Cave after an incident trapped seven workers, leading to a stock price drop of $2.77, or 5.9%, closing at $43.89 per share [5]. - Following an update on September 24, 2025, revealing two fatalities among the trapped workers, Freeport's stock price fell by $7.69, or 17%, closing at $37.67 per share [6]. - An article published on September 25, 2025, indicated that the halt in production could strain Freeport's relationship with the Indonesian government, resulting in a further stock price decline of $2.33, or 6.2%, to close at $35.34 [7]. Group 3: Expert Opinions and Additional Information - An article published on September 28, 2025, suggested that the landslide incident at Freeport was preventable, indicating that the risks should have been anticipated [8]. - Faruqi & Faruqi encourages anyone with information regarding Freeport's conduct, including whistleblowers and former employees, to contact the firm [9].

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: Lawsuit Details - The lawsuit claims that Freeport-McMoRan did not ensure adequate safety at the Grasberg Block Cave mine in Indonesia, which posed a heightened risk of worker fatalities [3]. - It is alleged that the lack of safety measures led to undisclosed regulatory, litigation, and reputational risks, making the company's statements about its business and operations materially false and misleading [3]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until January 12, 2026, to request appointment as lead plaintiff, although participation does not require serving in this role [4]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [4]. Group 3: Legal Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [5].

Core Viewpoint - The Freeport-McMoRan Inc. is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, with claims related to safety issues at its Grasberg mine in Indonesia and subsequent operational impacts [1][3][4]. Group 1: Lawsuit Details - The class action lawsuit is titled Reed v. Freeport-McMoRan Inc. and covers purchasers of Freeport-McMoRan securities from February 15, 2022, to September 24, 2025 [1]. - The lawsuit alleges that Freeport-McMoRan failed to ensure adequate safety at the Grasberg Block Cave mine, leading to heightened risks for workers [3]. - On September 9, 2025, Freeport-McMoRan reported a significant incident at the Grasberg mine, resulting in a nearly 6% drop in stock price [4]. - Following a tragic incident on September 24, 2025, where two team members were fatally injured, the company disclosed that production could be approximately 35% lower than pre-incident estimates for 2026, causing a nearly 17% decline in stock price [5]. Group 2: Regulatory and Reputational Risks - The lawsuit highlights that the lack of safety measures at the Grasberg mine constituted undisclosed regulatory, litigation, and reputational risks [3]. - An article published by Bloomberg on September 25, 2025, indicated that the halt in production at the Grasberg mine could strain relations with the Indonesian government, further impacting the company's stock, which fell more than 6% following the news [6]. Group 3: Legal Process and Representation - Investors who purchased Freeport-McMoRan securities during the class period can seek appointment as lead plaintiff in the lawsuit, which allows them to represent the interests of the class [7]. - Robbins Geller Rudman & Dowd LLP, a leading law firm in securities fraud litigation, is representing the investors in this case [8].

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]. Company Overview - Freeport-McMoRan Inc. is a mining company with its Indonesian affiliate operating as PT Freeport Indonesia, which manages the Grasberg Copper and Gold Mine [4]. Incident Details - On September 9, 2025, Freeport announced the suspension of mining operations at Grasberg due to a landslide, leading to a stock price drop of $2.77 per share, or over 5.9%, from $46.66 to $43.89 [6]. - Following an update on September 24, 2025, revealing two fatalities and five missing team members, the stock price fell by $7.69 per share, or nearly 17%, from $45.36 to $37.67 [7]. - On September 25, 2025, reports indicated that the incident strained Freeport's relationship with the Indonesian government, causing the stock to drop by $2.33 per share, or over 6%, from $37.67 to $35.34 [8]. - An Indonesian news report on September 28, 2025, suggested that the landslide was preventable, indicating that the risks associated with certain mining methods were known [9]. Legal Proceedings - Investors have until January 12, 2026, to request to lead the case in the U.S. District Court for the District of Arizona, under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [3].

Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of investors who purchased Freeport-McMoRan Inc. securities between February 15, 2022, and September 24, 2025, alleging misleading statements and safety issues at the Grasberg Block Cave mine in Indonesia [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Freeport-McMoRan failed to ensure adequate safety at its Grasberg Block Cave mine, leading to heightened risks for workers and potential regulatory and reputational consequences [5]. - Investors who purchased securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. Group 2: Next Steps for Investors - Interested investors can join the class action by visiting the provided link or contacting the law firm directly for more information [3][6]. - A lead plaintiff must be appointed by January 12, 2026, to represent the class in the litigation [1][3]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including over $438 million for investors in 2019 [4]. - The firm has been recognized for its success in securities class action settlements, ranking No. 1 in 2017 and consistently in the top 4 since 2013 [4].

Core Points - A class action securities lawsuit has been filed against Freeport-McMoRan Inc. for alleged securities fraud affecting investors between February 15, 2022, and September 24, 2025 [1][2] - The lawsuit claims that Freeport-McMoRan failed to ensure safety at the Grasberg Block Cave mine in Indonesia, leading to increased risks for workers and potential regulatory and reputational consequences [2] Case Details - The complaint alleges that Freeport-McMoRan did not adequately ensure safety at its mine, which constituted a heightened risk of worker fatalities [2] - It is claimed that the company's statements regarding its business operations and prospects were materially false and misleading due to the undisclosed risks [2] Next Steps - Investors who suffered losses during the specified timeframe have until January 12, 2026, to request to be appointed as lead plaintiff, although participation does not require this [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Firm Background - Levi & Korsinsky has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [4] - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4]

Core Viewpoint - A class action lawsuit has been filed against Freeport-McMoRan Inc. for securities fraud, following significant stock drops attributed to potential violations of federal securities laws [2][4]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the District of Arizona, titled 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 [4]. - Investors have until January 12, 2026, to request to be appointed to lead the case [4]. Group 2: Company Operations and Safety Claims - Freeport-McMoRan operates the Grasberg Copper and Gold Mine in Indonesia, where it has been accused of overstating its commitment to safety while conducting unsafe mining practices [5][6]. - The company had previously promoted its safety procedures, including the use of data and technology to prevent fatal incidents [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 [7]. - Following updates on September 24, 2025, regarding fatalities and operational suspensions, the stock fell by $7.69 per share (almost 17%) [8]. - 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%) [10]. - A report on September 28, 2025, indicated that the landslide was preventable, further impacting investor confidence [11].

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Freeport-McMoran Inc. due to allegations of violations of federal securities laws related to safety issues at the Grasberg Block Cave mine in Indonesia, which resulted in significant investor losses [4][6]. Group 1: Allegations and Legal Actions - The complaint alleges that Freeport and its executives made false and misleading statements regarding safety at the Grasberg Block Cave mine, failing to disclose risks that could foreseeably lead to worker fatalities [6]. - Investors who purchased Freeport securities between February 15, 2022, and September 24, 2025, are encouraged to discuss their legal rights with the firm, with a deadline of January 12, 2026, to seek the role of lead plaintiff in the class action [4][11]. Group 2: Incident Details and Stock Impact - On September 9, 2025, Freeport suspended mining activities at the Grasberg mine after an incident trapped seven workers, leading to a stock price drop of $2.77, or 5.9%, closing at $43.89 per share [7]. - Following the tragic update on September 24, 2025, that two workers were fatally injured, Freeport's stock fell by $7.69, or 17%, to close at $37.67 per share [8]. - An article published on September 25, 2025, highlighted potential strains in Freeport's relationship with the Indonesian government due to the halt in production, resulting in a further stock decline of $2.33, or 6.2%, to close at $35.34 [9][10].