Investors of Newmont Corporation Can Join Class Action Lawsuit for Securities Fraud

Newmont Corporation Investors Encouraged to Participate in Class Action Lawsuit

Newmont Corporation is currently facing a securities fraud lawsuit, and the Rosen Law Firm is reaching out to all investors who purchased shares during the class period of February 22, 2024, to October 23, 2024. This is an important opportunity for investors to join a collective action in their pursuit of justice and potential compensation.

Why Join the Lawsuit?

The upcoming deadline for lead plaintiff applications is April 1, 2025. If you bought securities of Newmont during the specified class period, you may qualify for compensation without any out-of-pocket expenses, thanks to a contingency fee arrangement. This means that if you decide to proceed, fees will only be incurred if the case is won.

How to Participate

Interested investors can join the Newmont class action by visiting Rosen Law Firm's submission page or by reaching out to Phillip Kim, Esq. via the toll-free number 866-767-3653. An email can also be sent to [email protected] for more information. Those interested in serving as the lead plaintiff must file their motions with the court by the April 1 deadline. The lead plaintiff plays a crucial role in representing the interests of other class members and directs the litigation process.

Background of the Case

The lawsuit claims that during the relevant period, Newmont’s executives made positive representations to shareholders while simultaneously hiding significant adverse information. The misleading conduct included overstating the company’s ability to produce gold at its Tier 1 operations and failing to disclose rising overall operational costs.

When the truth about Newmont's business performance came to light, investors suffered damages, prompting this class action filing. Importantly, as of now, no class has been officially certified, meaning investors are not yet represented unless they choose to retain legal counsel independently. However, remaining an absent class member is still an option.

Choosing the Right Legal Representation

The Rosen Law Firm prides itself on being a leading firm representing investors globally, focusing on securities class actions and shareholder derivative litigation. The firm boasts an impressive track record, including achieving significant settlements for investors affected by fraudulent corporate behavior. They caution investors to carefully select qualified legal counsel with a proven history of successful outcomes. Many firms simply refer cases to others and lack the capability to actually litigate these cases.

Why Trust Rosen Law Firm?

Rosen Law Firm has been recognized for its significant contributions to securities law and investor rights, having secured the largest class action settlement against a Chinese firm at the time. Consistently ranked at the top for the number of successful settlements, the firm has recovered substantial amounts for investors—over $438 million in 2019 alone. Founding partner Laurence Rosen has earned accolades within the legal community, recognized as a key figure in the plaintiffs' bar.

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In conclusion, if you are an investor in Newmont Corporation during the specified period, this lawsuit represents a significant opportunity for you to seek justice and potentially recover losses incurred due to misleading statements made by the company. The time to act is now, and the Rosen Law Firm is here to guide you through the process.