FCX INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Freeport McMoRan Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Core Viewpoint - The Freeport-McMoRan Inc. class action lawsuit alleges violations of the Securities Exchange Act of 1934, focusing on safety issues at the Grasberg mine and the subsequent impact on stock prices [1][4]. 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 lawsuit claims that Freeport-McMoRan and its executives made misleading statements regarding safety at the Grasberg Block Cave mine [4]. Group 2: Allegations and Incidents - Allegations include inadequate safety measures at the Grasberg mine, which heightened risks for workers and led to regulatory and reputational risks [4]. - 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 a tragic incident on September 24, 2025, where two team members were fatally injured, the stock price fell nearly 17% [6]. - A Bloomberg article on September 25, 2025, highlighted potential strains in Freeport-McMoRan's relationship with the Indonesian government, causing an additional stock price drop of over 6% [7]. Group 3: Company Operations - Freeport-McMoRan operates the Grasberg Copper and Gold Mine in Papua, Indonesia, where the Indonesian government holds a commercial interest [3]. - The company has temporarily suspended mining operations in the Grasberg minerals district since September 8, 2025, to prioritize safety [6].