FCX INVESTOR ALERT: Freeport-McMoRan Inc. Investors with Substantial Losses Have Opportunity to Lead the Freeport-McMoRan Class Action Lawsuit

Core Viewpoint - The Freeport-McMoRan Inc. class action lawsuit alleges violations of the Securities Exchange Act of 1934 by the company and its executives, focusing on safety issues at the Grasberg mine and the subsequent impact on stock prices [1][4][5]. Group 1: Class Action Details - Purchasers of Freeport-McMoRan securities between February 15, 2022, and September 24, 2025, can seek lead plaintiff status by January 12, 2026 [1]. - The lawsuit is titled Reed v. Freeport-McMoRan Inc., No. 25-cv-04243 (D. Ariz.) [1]. - The allegations include failure to ensure safety at the Grasberg Block Cave mine, leading to increased risks for workers [4]. Group 2: Incident and Stock Impact - On September 9, 2025, Freeport-McMoRan reported a significant incident at the Grasberg mine, resulting in a nearly 6% drop in stock price [5]. - Following the incident, on September 24, 2025, it was revealed that two team members were fatally injured, and production estimates for 2026 could be approximately 35% lower than previously expected, causing a nearly 17% decline in stock price [6]. - An article published on September 25, 2025, indicated that the halt in production could strain relations with the Indonesian government, leading to an additional stock price drop of over 6% [7]. Group 3: Company Operations - Freeport-McMoRan is involved in mining operations across North America, South America, and Indonesia, with the Grasberg mine being a significant asset [3].