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Newmont Corporation Sued for Securities Law Violations - Contact Levi & Korsinsky Before April 1, 2025 to Discuss Your Rights - NEM
NEMNewmont(NEM) Prnewswire·2025-03-21 09:45

Core Viewpoint - Newmont Corporation is facing a class action securities lawsuit due to alleged securities fraud that affected investors between February 22, 2024, and October 23, 2024 [1] Group 1: Lawsuit Details - The lawsuit was initiated following Newmont's disappointing third quarter 2024 EBITDA results, which included lower production and increased operating costs [2] - On October 23, 2024, Newmont's stock price dropped from 57.74to57.74 to 49.25 per share after the announcement of these results [2] Group 2: Investor Participation - Investors who suffered losses during the specified timeframe have until April 1, 2025, to request to be appointed as lead plaintiff, although participation in any recovery does not require this [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 3: Legal Firm Background - Levi & Korsinsky has a strong track record in securing compensation for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4]