Class Action Announcement NEM: A Securities Fraud Class Action Lawsuit Was Filed Against Newmont Corporation (NEM)

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 Class Period from February 22, 2024, to October 23, 2024 [1]. Allegations of Misconduct - The complaint claims that Newmont failed to deliver increased gold production at its Tier 1 operations, specifically at Lihir and Brucejack [2]. - It is alleged that Newmont experienced higher operating costs across its mining operations [2]. - As a result, the statements made by Newmont regarding its business and operational prospects were materially false and misleading [2]. Lead Plaintiff Process - Investors in Newmont have until April 1, 2025, to seek appointment as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel [3]. - A lead plaintiff acts on behalf of all class members and is typically the investor or small 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 [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 aims to protect investors and others from fraud and negligence by businesses [4].