FCX ALERT: Freeport-McMoRan Inc. Investors that Suffered Losses are Notified of the Pending Securities Fraud Lawsuit and to Contact BFA Law by January 12 Deadline

Core Viewpoint - A class action lawsuit has been filed against Freeport-McMoRan Inc. for securities fraud, following significant stock drops attributed to alleged violations of federal securities laws [1][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the District of Arizona, titled Reed v. Freeport-McMoRan Inc., et al., No. 2:25-cv-04243 [3]. - Investors have until January 12, 2026, to request to lead the case [3]. - The complaint alleges violations under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [3]. Group 2: Company Operations and Safety Claims - Freeport operates the Grasberg Copper and Gold Mine in Indonesia through its affiliate PT Freeport Indonesia [4]. - The company has previously emphasized its commitment to safety, utilizing data, technology, and behavioral science to prevent incidents [4]. - Allegations suggest that Freeport overstated its safety commitment while engaging in unsafe mining practices that could lead to worker fatalities [5]. Group 3: Stock Price Impact - On September 9, 2025, Freeport's stock dropped by $2.77, or over 5.9%, following a press release about suspended mining operations due to a landslide [6]. - On September 24, 2025, after an update on the incident revealing two fatalities and five missing individuals, the stock fell by $7.69, or nearly 17% [7]. - Further reports indicated that the incident strained Freeport's relationship with the Indonesian government, leading to an additional stock drop of $2.33, or over 6%, on September 25, 2025 [8][9]. - An Indonesian news report on September 28, 2025, claimed the incident was preventable, further impacting investor confidence [10].