#United States #New York #Securities Fraud #Investor Recovery #Freeport-McMoRan

Class Action Lawsuit Against Freeport-McMoRan Inc.

Freeport-McMoRan Inc. (NYSE: FCX), a prominent name in mining and natural resources, is facing a class action lawsuit initiated by Levi & Korsinsky LLP. This legal action addresses concerns from investors who have suffered losses attributed to alleged securities fraud that occurred from February 15, 2022, to September 24, 2025. The lawsuit serves as a means to recover damages for those affected during this period and highlights serious allegations regarding the company's operational safety practices.

Allegations Against Freeport-McMoRan

The claims in the filed complaint suggest that Freeport-McMoRan failed to adequately ensure workplace safety, particularly in their Grasberg Block Cave mine located in Indonesia. Specifically, the lawsuit points to the following allegations:
1. Freeport allegedly did not maintain sufficient safety protocols, placing its workers at increased risk of fatal incidents.
2. The company neglected to disclose significant regulatory and reputational risks associated with this lack of safety, leading to a misleading perception of its operational integrity.
3. As a result of these failures, the statements made by Freeport's management concerning the company's business operations were materially false and misleading, failing to present an accurate picture of the company’s financial state and safety commitments.

The implications of these allegations are serious not only for investor trust but also for the company's reputation and future operational capabilities. The failure to safeguard employee well-being reflects on Freeport's broader business ethics and governance practices, consequently impacting shareholder value.

Next Steps for Investors

Investors who believe they have incurred losses due to these issues have until January 12, 2026, to request the Court to appoint them as lead plaintiff in the class action. It is essential to note that participation in the lawsuit does not necessitate an individual serving as a lead plaintiff to qualify for any potential recovery.

Levi & Korsinsky emphasizes that participating as a class member incurs no out-of-pocket costs. Investors with valid claims may stand to gain compensation without facing any financial obligations, which lowers barriers to joining the case. This is a significant factor that broadens participation opportunities among affected investors.

Why Choose Levi & Korsinsky?

With two decades of experience in complex securities litigation, Levi & Korsinsky is well-equipped to handle high-stakes cases like this one. The firm has successfully helped thousands of investors recover losses totaling hundreds of millions of dollars. Throughout their history, they have built a solid reputation, consistently ranking among the top securities litigation firms in the United States according to ISS Securities Class Action Services.

For investors interested in pursuing their claims, Levi & Korsinsky urges you to reach out for more information. You can contact Joseph E. Levi, Esq. via email at [email protected] or call (212) 363-7500 to discuss your situation and receive guidance on your potential claim against Freeport-McMoRan.

Contact Information

• - Levi & Korsinsky, LLP
• - Joseph E. Levi, Esq.
• - Ed Korsinsky, Esq.
• - 33 Whitehall Street, 27th Floor
• - New York, NY 10004
• - Email: [email protected]
• - Phone: (212) 363-7500

In conclusion, this class action lawsuit serves as a critical reminder of the responsibilities that publicly traded companies hold toward their investors and employees. As the legal proceedings move forward, the outcomes could set significant precedents concerning corporate governance and accountability in the mining industry.