#USA #New York #Class Action #Gross Law Firm #Newmont Corporation

Newmont Corporation Class Action Lawsuit Notice

The Gross Law Firm has raised an important alert for shareholders of Newmont Corporation (NYSE: NEM) regarding an upcoming class action lawsuit. Shareholders who acquired shares of Newmont during the specified class period should take note of this critical update and consider their options with respect to the pending legal action.

Key Dates to Remember

The deadline for shareholders to apply for lead plaintiff status in the class action is set for April 1, 2025. Registers should not hesitate to take action if they bought shares between February 22, 2024, and October 23, 2024.

Background of the Case

The foundation of the class action lawsuit relates to a press release issued by Newmont on October 23, 2024, which unveiled disappointing third-quarter EBITDA results for the year. In addition to low production figures, the report also highlighted rising operational costs. Specifically, Newmont disclosed that its Tier 1 mining operations would not meet the anticipated production targets and that higher costs were expected at these facilities. This news led to a significant decline in Newmont's stock price, plummeting from a close of $57.74 on October 23 to just $49.25 by the following day.

What Should Shareholders Do?

Investors who purchased Newmont shares during the class period are encouraged to register their details through the firm's official channels. As part of this process, registrants will gain access to portfolio monitoring software that will provide updates on the status of the case throughout its duration. This step is crucial, as it ensures shareholders stay informed on any developments and changes related to the lawsuit.

Why Consider Joining the Class Action? Participating in the class action lawsuit offers shareholders an opportunity for recovery of their losses incurred due to the alleged misconduct of Newmont. By being part of the class, shareholders can seek justice collectively and enhance their chances of a favorable outcome.

Why Choose The Gross Law Firm?

The Gross Law Firm is recognized nationally for its efforts in filing class action lawsuits aimed at protecting investors' rights. The firm is dedicated to holding companies accountable for unethical practices and ensuring responsible business operations. With a mission to recover losses inflicted upon investors by misleading statements or practices, The Gross Law Firm stands ready to assist. They believe that no investor should suffer as a result of corporate deceit.

Contact Information

For further details or to register for the class action, investors can reach out to the Gross Law Firm directly:

• - Address: 15 West 38th Street, 12th Floor, New York, NY 10018
• - Email: info@grosslawfirm.com
• - Phone: (646) 453-8903

It's vital for shareholders to act promptly and ensure their participation in this significant class action lawsuit against Newmont Corporation. Keep an eye on the timeline and take the necessary steps before the impending deadline.