Investigation Launched by Former Louisiana Attorney General on Newmont Corporation's Leadership

Investigation Launched by Kahn Swick & Foti, LLC on Newmont Corporation

On April 11, 2025, Kahn Swick & Foti, LLC (KSF), spearheaded by former Louisiana Attorney General Charles C. Foti, Jr., publicly announced the initiation of an investigation into Newmont Corporation, a leading gold mining company traded under the ticker NEM on the NYSE. The inquiry arises from the company's recent disclosure of disappointing financial and operational results, specifically concerning two of its key assets, Lihir and Brucejack.

Newmont, which claims to be the world’s top producer of gold alongside significant outputs of copper, silver, zinc, and lead, reported that these assets would deliver lower production than initially anticipated, coupled with rising operational costs. This revelation contradicted their previously positive assertions to shareholders and the general public, raising concerns about possible miscommunication or undisclosed risks.

In light of these developments, Newmont and several of its executives find themselves embroiled in a securities class action lawsuit. The suit accuses the company’s leadership of failing to inform the market of material information that could affect the share price, thereby violating federal securities laws. The ongoing lawsuit further intensifies the scrutiny surrounding Newmont's management practices and the decisions made regarding market communications.

KSF's investigation aims to discern whether Newmont's officers and directors breached their fiduciary duties or otherwise violated relevant laws. Shareholders and stakeholders affected by the company's recent performance are urged to consider their positions and rights. KSF invites any party with pertinent information to reach out for a confidential discussion regarding the matter.

Charles C. Foti, Jr., partner at KSF, brings a wealth of experience to this inquiry, having led numerous successful litigation efforts against corporate malpractice in the past. KSF has established itself as a prominent player in securities litigation, helping clients recover losses stemming from alleged corporate fraud. Notably, the firm was recently ranked among the top ten law firms in the nation concerning settlement value for its clients.

For individuals who have held Newmont shares for an extended period and are exploring their legal options, KSF extends a no-obligation contact for consultation. Interested parties can call toll-free at 1-833-938-0905 or email KSF's Managing Partner, Lewis Kahn, at lewis.kahn@ksfcounsel.com. More detailed information about the investigation can also be found on KSF’s dedicated webpage for the Newmont Corporation case.

About Kahn Swick & Foti, LLC

Kahn Swick & Foti, LLC is recognized as one of the nation's leading boutique securities litigation firms, advocating for both institutional and retail investors seeking recovery for losses related to corporate wrongdoing. With offices across major U.S. cities and a representative office in Luxembourg, KSF commits to providing top-tier legal representation in the complexities of securities laws and corporate governance issues.

As Newmont Corporation faces investor scrutiny and potential legal challenges, the implications of this investigation could shape the future dynamics within the company and affect its market position as a leading mining firm. Stakeholders are encouraged to remain vigilant and informed as further developments unfold regarding the management's accountability and operational transparency.