UPCOMING DEADLINE: 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 violations of federal securities laws related to safety issues at the Grasberg Block Cave mine in Indonesia, which have led to significant investor losses [4][6]. Group 1: Legal Investigation and Claims - The law firm is encouraging investors who suffered losses in Freeport-McMoran to contact them to discuss their legal rights, particularly those who purchased securities between February 15, 2022, and September 24, 2025 [1][4]. - 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 [4]. Group 2: Allegations Against Freeport-McMoran - The complaint alleges that Freeport and its executives made false and misleading statements regarding safety at the Grasberg Block Cave mine, failing to disclose risks that could foreseeably lead to worker fatalities [6]. - Specific allegations include inadequate safety measures, which heightened regulatory, litigation, and reputational risks, rendering the company's statements materially false and misleading [6]. Group 3: Impact on Stock Price - Following the suspension of mining activities on September 9, 2025, due to a tragic incident that trapped workers, Freeport's stock price fell by $2.77, or 5.9%, closing at $43.89 per share [7]. - After the update on September 24, 2025, revealing fatalities among the trapped workers, the stock price dropped by $7.69, or 17%, closing at $37.67 per share [8]. - Additional news on September 25, 2025, regarding the strain in Freeport's relationship with the Indonesian government led to a further decline in stock price by $2.33, or 6.2%, closing at $35.34 [9][10].