Newmont(NEM) Prnewswire·2025-03-15 22:15Core 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].