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Investor Alert: Robbins LLP Informs Investors of the Freeport-McMoran Inc. Class Action
Freeport-McMoRanFreeport-McMoRan(US:FCX) Prnewswireยท2025-11-15 01:24

Core Viewpoint - A class action lawsuit has been filed against Freeport-McMoran Inc. for allegedly misleading investors regarding safety conditions at its Grasberg Block Cave mine in Indonesia, which has resulted in worker fatalities and operational impacts [2][3]. Group 1: Allegations and Incidents - The lawsuit claims that Freeport failed to disclose inadequate safety measures at the Grasberg Block Cave mine, which posed a heightened risk of worker fatalities [2]. - On September 9, 2025, Freeport reported that seven workers could not safely evacuate the mine, leading to a decline in the company's stock price [3]. - Following the report of two fatalities on September 24, 2025, the stock experienced further declines due to concerns over the incident's impact on mining operations [3]. Group 2: Legal Proceedings and Participation - Shareholders wishing to participate in the class action must file their papers by January 12, 2026, to serve as lead plaintiffs [3]. - Investors do not need to actively participate in the case to be eligible for potential recovery [3]. Group 3: Company Background - Robbins LLP is a law firm specializing in shareholder rights litigation, dedicated to helping shareholders recover losses and improve corporate governance since 2002 [4].