#Rosen Law Firm #securities lawsuit #Newmont Corporation

NEM Investors Alert: Lead Role in Newmont Corporation Class Action

On February 10, 2025, the Rosen Law Firm, a prominent global investor rights law firm, announced that a shareholder has filed a class action lawsuit against Newmont Corporation (NYSE: NEM) on behalf of those who purchased securities between February 22, 2024, and October 23, 2024. Investors who acquired shares during this period are encouraged to consider participating as class members. This article aims to highlight the details surrounding the lawsuit and necessary steps for eligible investors.

Opportunity for Investors

The filing of this class action suit presents a unique opportunity for NEM investors to potentially recover from financial losses without the burden of upfront fees due to a contingency fee arrangement. This approach ensures that investors are only financially liable if the suit is successful.

As part of the legal proceedings, individuals wishing to serve as lead plaintiff are urged to file their motion by April 1, 2025. The lead plaintiff's role is essential as they will act as the representative for the entire class, guiding the litigation and representing the interests of all class members.

How to Join the Class Action

Investors wishing to join the class action can find more details and initiate the process through the Rosen Law Firm’s dedicated website or by contacting Phillip Kim, Esq., for assistance. Here is how you can get involved:

• - Website: Visit Rosen Legal - Newmont Class Action
• - Phone: Call toll-free at 866-767-3653
• - Email: Reach out via email at [email protected].

It's important to note that no class has been certified at this time. This means that until a certification is granted, prospective members do not have legal representation unless they specifically choose to retain counsel. Alternatively, individuals who do not wish to partake as lead plaintiffs can remain class members without any immediate action.

The Case Overview

According to the filings in this lawsuit, the defendants allegedly made a series of misleading statements about Newmont's capability to achieve increased gold production at its Tier 1 operations, specifically at Lihir and Brucejack. Furthermore, it is claimed that while optimistic reports were made to investors, Newmont was concealing critical information regarding rising production costs that would adversely affect the company’s mining operations.

As the actual conditions surrounding these operations became public, those who invested suffered significant financial damages, thus precipitating this class action lawsuit. The allegations assert that investors were misled about Newmont's production reliability and fiscal health, leading to incorrect perceptions that inflated stock values during the class period.

Why Choose Rosen Law Firm?

When dealing with securities class action lawsuits, selecting a law firm with substantial expertise and a history of successful outcomes is crucial. The Rosen Law Firm possesses a strong track record, emphasizing securities class actions and shareholder derivative litigations. Historically, this firm has secured substantial settlements for various investor groups, reinforcing its reputation within the legal community.

Rosen Law Firm is recognized for having recovered over $438 million for investors in just 2019 alone. Notably, Laurence Rosen, the founding partner, has been acknowledged as a