Newmont(NEM)

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NEM CLASS ACTION FILED: Kessler Topaz Meltzer & Check, LLP Reminds Investors - a Securities Fraud Class Action Lawsuit Has Been Filed Against Newmont Corporation (NEM)
Prnewswire· 2025-03-20 17:23
Core Viewpoint - A securities class action lawsuit has been filed against Newmont Corporation for allegedly making false and misleading statements regarding its business operations and financial prospects during the specified Class Period from February 22, 2024, to October 23, 2024 [1]. Group 1: Allegations Against Newmont - The lawsuit claims that Newmont failed to disclose material adverse facts about its business, including its inability to increase gold production at key operations such as Lihir and Brucejack [2]. - It is alleged that Newmont experienced higher operating costs across its mining operations, which were not communicated to investors [2]. - The statements made by Newmont regarding its business and operational prospects are claimed to be materially false and misleading, lacking a reasonable basis throughout the Class Period [2]. Group 2: Lead Plaintiff Process - Investors in Newmont have until April 1, 2025, to seek appointment as a lead plaintiff representative for the class, or they may choose to remain absent class members [3]. - The lead plaintiff will represent all class members in directing the litigation and is typically the investor or group of investors with the largest financial interest [3]. - The decision to serve as a lead plaintiff does not affect an investor's ability to share in any recovery from the lawsuit [3]. Group 3: Firm Information - Kessler Topaz Meltzer & Check, LLP is the law firm handling the class action and has a reputation for prosecuting class actions and recovering significant amounts for victims of corporate misconduct [4]. - The firm encourages Newmont investors who have suffered losses to contact them for more information regarding the lawsuit [4].
The Gross Law Firm Reminds Newmont Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 1, 2025 - NEM
Prnewswire· 2025-03-20 09:04
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 [1][2]. Group 1: Allegations and Financial Impact - The class period for the lawsuit is from February 22, 2024, to October 23, 2024 [1]. - On October 23, 2024, Newmont announced disappointing EBITDA for Q3 2024, along with decreased production and increased operating costs [1]. - The company revealed that mining operations at its two Tier 1 assets would experience lower production than previously guided, with expectations of higher costs [1]. - Following the announcement, Newmont's stock price fell from $57.74 per share to $49.25 per share, a decline of approximately 14.5% [1]. Group 2: Next Steps for Shareholders - Shareholders are encouraged to register for the class action by April 1, 2025, to potentially become lead plaintiffs [2]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the case [2]. - Participation in the case incurs no cost or obligation for shareholders [2]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [3].
Investors who lost money on Newmont Corporation(NEM) should contact Levi & Korsinsky about pending Class Action - NEM
Prnewswire· 2025-03-18 09:45
NEW YORK, March 18, 2025 /PRNewswire/ -- 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-lawsuit-s ...
Investors who lost money on Newmont Corporation (NEM) should contact The Gross Law Firm about pending Class Action - NEM
Prnewswire· 2025-03-17 09:45
NEW YORK, March 17, 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=136009&from=4 CLASS PERIOD: February 22, 20 ...
NEM Class Action Alert: Kessler Topaz Meltzer & Check, LLP Reminds Newmont Corporation (NEM) Shareholders of Securities Fraud Class Action Lawsuit Deadline
Prnewswire· 2025-03-15 22:15
Core Viewpoint - A securities class action lawsuit has been filed against Newmont Corporation for allegedly making false and misleading statements regarding its business operations and financial performance during the specified Class Period from February 22, 2024, to October 23, 2024 [1]. Allegations of Misconduct - The complaint claims that Newmont failed to disclose material adverse facts about its business, including its inability to increase gold production at key operations such as Lihir and Brucejack [2]. - It is alleged that Newmont experienced higher operating costs across its mining operations, which were not communicated to investors [2]. - As a result, the statements made by Newmont regarding its business and prospects were deemed materially false and misleading [2]. Lead Plaintiff Process - Investors in Newmont have until April 1, 2025, to seek appointment as a lead plaintiff representative for the class, or they may choose to remain absent [3]. - The lead plaintiff will represent the interests of all class members and select legal counsel to direct the litigation [3]. - Participation as a lead plaintiff does not affect the ability of other investors to share in any potential recovery [3]. Firm Background - Kessler Topaz Meltzer & Check, LLP is known for prosecuting class actions and has a reputation for recovering billions for victims of corporate misconduct [4]. - The firm encourages Newmont investors who have suffered losses to reach out for more information regarding the lawsuit [4].
Newmont Corporation Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky for More Information - NEM
Prnewswire· 2025-03-07 10:46
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] 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 [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 [2] Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until April 1, 2025, to request to be appointed 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 [3] Group 3: Firm Background - Levi & Korsinsky has a 20-year history of securing hundreds of millions of dollars for shareholders and has a strong track record in high-stakes securities litigation [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]
Newmont Corporation Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm for More Information - NEM
Prnewswire· 2025-03-06 10:45
NEW YORK, March 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=134047&from=4 CLASS PERIOD: February 22, 202 ...
Newmont Wraps Up Sale of Musselwhite, Eleonore and CC&V Operations
ZACKS· 2025-03-05 13:55
Newmont Corporation (NEM) has announced the completion of the previously announced sales of three non-core assets, namely the Musselwhite and Eleonore operations in Canada and the Cripple Creek & Victor ("CC&V") operation in Colorado, USA.The divestiture of these three additional non-core assets resulted in total after-tax cash proceeds of $1.7 billion before closing adjustments. NEM anticipates completing the remaining two asset sales and receiving about $0.8 billion in after-tax cash proceeds during the f ...
Kessler Topaz Meltzer & Check, LLP Encourages Newmont Corporation Investors with Losses to Contact the Firm
Prnewswire· 2025-03-04 18:31
RADNOR, Pa., March 4, 2025 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Newmont Corporation ("Newmont") (NYSE: NEM) on behalf of those who purchased or otherwise acquired Newmont securities between February 22, 2024, and October 23, 2024, inclusive (the "Class Period"). The lead plaintiff deadline is April 1, 2025.CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP:If you suffered Newmont losses, you ...
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of April 1, 2025 in Newmont Lawsuit - NEM
Prnewswire· 2025-03-04 10:45
NEW YORK, March 4, 2025 /PRNewswire/ -- 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-lawsuit-su ...