Freeport-McMoRan(US:FCX) Globenewswire·2025-12-04 21:13Core Viewpoint - A class action securities lawsuit has been filed against Freeport-McMoRan Inc. alleging securities fraud that affected investors between February 15, 2022, and September 24, 2025 [1][2]. Group 1: Lawsuit Details - The complaint claims that Freeport-McMoRan did not ensure adequate safety at the Grasberg Block Cave mine in Indonesia, leading to a heightened risk of worker fatalities [2]. - It is alleged that the lack of proper safety measures resulted in undisclosed regulatory, litigation, and reputational risks, making the company's statements about its business and operations materially false and misleading [2]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until January 12, 2026, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [3]. Group 3: Legal Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States, with over 70 employees dedicated to serving clients [4].