Copper (from Grasberg Block Cave mine)
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Freeport-McMoRan Inc. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky Before January 12, 2026 to Discuss Your Rights – FCX
Globenewswire· 2025-11-20 21:24
Core Points - A class action securities lawsuit has been filed against Freeport-McMoRan Inc. for alleged securities fraud affecting investors between February 15, 2022, and September 24, 2025 [1][2] - The lawsuit claims that Freeport-McMoRan failed to ensure safety at the Grasberg Block Cave mine in Indonesia, leading to increased risks for workers and potential regulatory and reputational consequences [2] Case Details - The complaint alleges that Freeport-McMoRan did not adequately ensure safety at its mine, which constituted a heightened risk of worker fatalities [2] - It is claimed that the company's statements regarding its business operations and prospects were materially false and misleading due to the undisclosed risks [2] Next Steps - Investors who suffered losses during the specified timeframe have until January 12, 2026, to request to be appointed as lead plaintiff, although participation does not require this [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Firm Background - Levi & Korsinsky has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [4] - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4]