FCX INVESTOR NOTICE: Freeport-McMoRan Inc. Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit

Core Viewpoint - The Freeport-McMoRan Inc. is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, primarily related to safety issues at its Grasberg mine in Indonesia, which resulted in significant operational and financial repercussions for the company [1][3]. Group 1: Class Action Lawsuit Details - The class action lawsuit is titled Reed v. Freeport-McMoRan Inc., and it involves purchasers of Freeport-McMoRan securities from February 15, 2022, to September 24, 2025 [1]. - The lawsuit alleges that Freeport-McMoRan and certain executives made false or misleading statements regarding safety measures at the Grasberg Block Cave mine, which heightened risks for workers [3]. - Specific incidents leading to the lawsuit include a significant flow of wet material at the mine on September 9, 2025, which restricted evacuation routes and led to a nearly 6% drop in stock price [4]. Group 2: Incident Impact and Financial Consequences - On September 24, 2025, Freeport-McMoRan reported two fatalities and the ongoing search for five missing team members, resulting in a projected 35% decrease in production for 2026 compared to pre-incident estimates, causing the stock price to fall nearly 17% [5]. - Following a Bloomberg article on September 25, 2025, discussing the potential strain on relations with the Indonesian government due to halted production, the stock price fell more than 6% [6]. Group 3: Legal Process and Firm Background - The Private Securities Litigation Reform Act of 1995 allows investors who purchased Freeport-McMoRan securities during the class period to seek appointment as lead plaintiff, representing the interests of the class [7]. - Robbins Geller Rudman & Dowd LLP, the law firm handling the case, is recognized as a leading firm in securities fraud litigation, having recovered over $2.5 billion for investors in 2024 alone [8].