FCX INVESTOR ALERT: Freeport McMoRan Inc. Investors with Substantial Losses Have Opportunity to Lead Investor 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][3]. Group 1: Class Action Details - The class action lawsuit is titled Reed v. Freeport-McMoRan Inc., and it includes purchasers of Freeport-McMoRan securities from February 15, 2022, to September 24, 2025 [1]. - Investors have until January 12, 2026, to seek appointment as lead plaintiff in the lawsuit [1][7]. Group 2: Allegations Against Freeport-McMoRan - The lawsuit claims that Freeport-McMoRan failed to ensure adequate safety at the Grasberg Block Cave mine, which heightened risks for workers [3]. - It is alleged that the company did not disclose the risks associated with safety failures, leading to regulatory, litigation, and reputational risks [3]. Group 3: Incident and Stock Impact - On September 9, 2025, Freeport-McMoRan reported a significant incident at the Grasberg mine, leading to a nearly 6% drop in stock price [4]. - Following the revelation of fatalities and ongoing search efforts for missing team members on September 24, 2025, the stock price fell nearly 17% [5]. - An article published on September 25, 2025, indicated that the production halt could strain relations with the Indonesian government, resulting in an additional stock price drop of over 6% [6]. Group 4: Company Background - Freeport-McMoRan is engaged in mining operations in North America, South America, and Indonesia, with significant operations at the Grasberg mine in Papua, Indonesia [2].