Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Freeport-McMoRan Inc. regarding a class action lawsuit alleging that the company made materially false and misleading statements related to safety practices at its Grasberg Block Cave mine in Indonesia [1]. Group 1: Allegations - The complaint alleges that Freeport-McMoRan did not adequately ensure safety at the Grasberg Block Cave mine [1]. - It is claimed that the lack of proper safety precautions posed a heightened risk that could foreseeably lead to worker fatalities [1]. - The allegations include that this situation constituted an undisclosed heightened risk of regulatory, litigation, and reputational issues [1]. - As a result, the defendants' statements about Freeport-McMoRan's business, operations, and prospects were materially false and misleading or lacked a reasonable basis [1]. Group 2: Class Action Details - The class period for the lawsuit is from February 15, 2022, to September 24, 2025 [1]. - Shareholders are encouraged to register for the class action by January 12, 2026, to potentially be appointed as lead plaintiffs [2]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive status updates throughout the case [2]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered due to deceit, fraud, and illegal business practices [3]. - The firm aims to ensure that companies adhere to responsible business practices and engage in good corporate citizenship [3].
The Gross Law Firm Notifies Shareholders of Freeport-McMoRan Inc.(FCX) of a Class Action Lawsuit and an Upcoming Deadline