FCX DEADLINE ALERT: Faruqi & Faruqi, LLP Announces that Freeport-McMoran Systems Investors Have Opportunity to Lead Class Action Lawsuit

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Freeport-McMoRan Inc. due to allegations of safety violations at its Grasberg Block Cave mine, which led to significant investor losses following recent incidents [2][4]. Group 1: Legal Investigation and Claims - The law firm is encouraging investors who suffered losses in Freeport-McMoRan to discuss their legal options, particularly those who purchased securities between February 15, 2022, and September 24, 2025 [1][2]. - A federal securities class action has been filed against Freeport, with a deadline of January 12, 2026, for investors to seek the role of lead plaintiff [2]. Group 2: Safety Violations and Incidents - The complaint alleges that Freeport and its executives violated federal securities laws by making false or misleading statements regarding safety at the Grasberg Block Cave mine, which posed a heightened risk to workers [4]. - On September 9, 2025, Freeport suspended mining activities after an incident trapped seven workers, resulting in a stock price drop of $2.77, or 5.9%, to close at $43.89 per share [5]. - Following an update on September 24, 2025, revealing two fatalities among the trapped workers, Freeport's stock fell by $7.69, or 17%, closing at $37.67 per share [6]. Group 3: Market Reactions and Future Implications - An article published on September 25, 2025, indicated that the halt in production at the Grasberg mine could strain Freeport's relationship with the Indonesian government, leading to further stock decline of $2.33, or 6.2%, to close at $35.34 [7]. - An expert suggested that the landslide incident was preventable, indicating ongoing concerns about Freeport's operational safety and regulatory compliance [8].