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Investors in Newmont Corporation Should Contact Levi & Korsinsky Before April 1, 2025 to Discuss Your Rights - NEM
Prnewswire· 2025-02-07 10:45
Core Viewpoint - Newmont Corporation is facing a class action securities lawsuit due to alleged securities fraud that negatively impacted investors between February 22, 2024, and October 23, 2024 [1][2]. Group 1: Lawsuit Details - The lawsuit was initiated following Newmont's announcement on October 23, 2024, which disclosed disappointing EBITDA for Q3 2024, alongside decreases in production and increases in operating costs [2]. - Newmont's press release indicated that mining operations at its two Tier 1 assets would experience lower production than previously guided, with expectations of higher costs at these facilities [2]. - Following the announcement, Newmont's stock price dropped from $57.74 per share on October 23, 2024, to $49.25 per share on October 24, 2024, reflecting a significant loss for investors [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until April 1, 2025, to request appointment as lead plaintiff in the lawsuit [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 or fees [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record, having secured hundreds of millions of dollars for shareholders over the past 20 years and is recognized as one of the top securities litigation firms in the United States [4].
NEM Investors Have Opportunity to Lead Newmont Corporation Securities Fraud Lawsuit with the Schall Law Firm
Prnewswire· 2025-02-06 22:11
LOS ANGELES, Feb. 6, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Newmont Corporation ("Newmont" or "the Company") (NYSE: NEM) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between February 22, 2024 and October 23, 2024, inclusive (the "Class Period"), ...
Class Action Filed Against Newmont Corporation (NEM) Seeking Recovery for Investors – Contact The Gross Law Firm
GlobeNewswire News Room· 2025-02-06 19:00
Core Viewpoint - Newmont Corporation is facing a class action lawsuit due to disappointing financial results and operational challenges, leading to a significant drop in its stock price [3][4]. Group 1: Financial Performance - Newmont reported disappointing EBITDA highlights for the third quarter of 2024, along with decreases in production and increases in operating costs [3]. - The company revealed that mining operations at its two Tier 1 assets would experience lower production than initially guided, with expectations of higher costs at these facilities [3]. Group 2: Stock Price Impact - Following the announcement on October 23, 2024, Newmont's stock price fell from $57.74 per share to $49.25 per share within a day, reflecting a significant market reaction to the news [3]. Group 3: Legal Action and Shareholder Information - Shareholders who purchased Newmont shares during the class period from February 22, 2024, to October 23, 2024, are encouraged to register for the class action lawsuit, with a deadline set for April 1, 2025 [4]. - The Gross Law Firm is leading the class action, aiming to protect investors' rights and seek recovery for losses incurred due to misleading statements by the company [5].
Shareholders that lost money on Newmont Corporation(NEM) should contact The Gross Law Firm about pending Class Action - NEM
Prnewswire· 2025-02-06 10:45
NEW YORK, Feb. 6, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Newmont Corporation (NYSE: NEM).Shareholders who purchased shares of NEM during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/newmont-corporation-loss-submission-form/?id=127286&from=4 CLASS PERIOD: February 22, 2024 ...
NEM Investors Have Opportunity to Lead Newmont Corporation Securities Fraud Lawsuit
Prnewswire· 2025-02-06 04:27
NEW YORK, Feb. 5, 2025 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, announces that a shareholder filed a class action on behalf of purchasers of securities of Newmont Corporation (NYSE: NEM) between February 22, 2024 and October 23, 2024. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 1, 2025.So what: If you purchased Newmont Corporation securities during the Class Period you may be entitled to com ...
Investor Alert: Robbins LLP Informs Stockholders of the Newmont Corporation Class Action
Prnewswire· 2025-02-05 01:37
SAN DIEGO, Feb. 4, 2025 /PRNewswire/ -- Robbins LLP informs stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Newmont Corporation (NYSE: NEM) securities between February 22, 2024 and October 23, 2024. Newmont is the world's leading gold mining company and producer of copper, silver, zinc and lead.For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.The Allegations: Robbins LLP is Investigating Allega ...
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Newmont Corporation of Class Action Lawsuit and Upcoming Deadlines - NEM
Prnewswire· 2025-02-05 01:04
NEW YORK, Feb. 4, 2025 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Newmont Corporation ("Newmont" or the "Company") (NYSE:NEM). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.The class action concerns whether Newmont and certain of its officers and/ ...
Contact Levi & Korsinsky by April 1, 2025 Deadline to Join Class Action Against Newmont Corporation(NEM)
GlobeNewswire News Room· 2025-02-04 17:01
NEW YORK, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Newmont Corporation ("Newmont" or the "Company") (NYSE: NEM) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Newmont investors who were adversely affected by alleged securities fraud between February 22, 2024 and October 23, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/newmont-corporation-laws ...
Levi & Korsinsky Reminds Newmont Corporation Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 1, 2025 - NEM
Prnewswire· 2025-02-04 10:45
Core Viewpoint - Newmont Corporation is facing a class action securities lawsuit due to alleged securities fraud that negatively impacted investors between February 22, 2024, and October 23, 2024 [1][2]. Group 1: Lawsuit Details - The lawsuit was initiated following Newmont's disappointing third quarter 2024 EBITDA highlights, which included decreased production and increased operating costs [2]. - On October 23, 2024, Newmont's stock price dropped from $57.74 per share to $49.25 per share the following day after the announcement of lower production expectations and higher costs at its Tier 1 mining assets [2]. Group 2: Investor Participation - Investors who suffered losses during the specified timeframe have until April 1, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Legal Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4].
NEM INVESTOR ALERT: Newmont Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2025-02-03 20:08
Core Viewpoint - The Newmont class action lawsuit alleges that the company and its executives made misleading statements regarding its financial outlook and production capabilities, leading to significant stock price declines following disappointing earnings announcements [3][4]. Group 1: Lawsuit Details - The class action lawsuit is titled Karas v. Newmont Corporation and seeks to represent purchasers of Newmont Corporation securities from February 22, 2024, to October 23, 2024 [1]. - The lawsuit claims violations of the Securities Exchange Act of 1934 by Newmont and certain executives [1]. Group 2: Allegations - The lawsuit alleges that Newmont misrepresented its revenue outlook and production capabilities, creating a false impression of reliability [3]. - It is claimed that the company provided flawed statements regarding growth projections that did not consider critical variables [3]. Group 3: Impact of Earnings Announcement - On October 23, 2024, Newmont announced disappointing third-quarter earnings, lower production guidance, and increased operating costs, resulting in a nearly 15% drop in stock price [4]. Group 4: Legal Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Newmont securities during the class period to seek appointment as lead plaintiff [5]. - The lead plaintiff represents the interests of all class members and can choose a law firm to litigate the case [5]. Group 5: About Robbins Geller - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud cases, having recovered $6.6 billion for investors in class action cases [6]. - The firm has been ranked 1 in securing monetary relief for investors in six out of the last ten years [6].