#United States #New York #Gross Law Firm #Newmont Corporation #NEM

Newmont Shareholder Alert: Class Action Lawsuit Information

On March 20, 2025, The Gross Law Firm released a notification aimed at shareholders of Newmont Corporation (NYSE: NEM), urging those who purchased shares during a specified class period to consider their rights in an upcoming class action lawsuit. This timely reminder emphasizes the deadline for becoming a lead plaintiff, which is fast approaching on April 1, 2025.

Details of the Class Action Suit

Shareholders who acquired NEM shares between February 22, 2024, and October 23, 2024, are particularly encouraged to connect with The Gross Law Firm regarding potential participation in the case. One notable claim in the lawsuit arises from a press release issued by Newmont on October 23, 2024. The announcement detailed disappointing financial results, indicating a significant downturn in production at two of the company’s primary mining operations alongside an unexpected surge in operating expenses. Following this announcement, Newmont’s share price plummeted from $57.74 at market close on October 23 to $49.25 the following day, triggering concerns among investors.

Importance of Registration

Investors who believe they may have been adversely affected by these disclosures are highly encouraged to register for the class action by providing their information through the firm’s designated link. The process is straightforward, as interested shareholders can sign up for updates about the progress of the lawsuit, without any cost or obligation attached.

Once registered, shareholders will gain access to a portfolio monitoring tool, which is essential for keeping track of developments throughout the lifecycle of the case. Registration should be made as soon as possible to ensure that investors do not miss any critical updates regarding the lawsuit’s status.

The Role of The Gross Law Firm

The Gross Law Firm, known nationally for its commitment to defending investor rights, stands as a guardian against deceitful business practices and fraudulent policies. By taking the initiative to pursue recovery for affected investors, the firm reinforces its mission to uphold ethical business behaviors among publicly traded companies. Investors partaking in this legal action can be assured that The Gross Law Firm is dedicated to seeking justice for those whose investments were impacted by misleading statements or omissions from Newmont.

Next Steps for Interested Investors

For shareholders who registered or are contemplating joining the class action, it is essential to understand that becoming a lead plaintiff is not a prerequisite for obtaining any financial recovery from the lawsuit. However, interested individuals should express their desire for consideration as a lead plaintiff prior to the April 1 deadline. This route could potentially position them to play a pivotal role in the case, should they choose to accept this responsibility.

In conclusion, affected shareholders of Newmont Corporation should not delay in exploring their legal rights as the deadline approaches swiftly. Whether as a lead plaintiff or contributing member, every voice counts in the quest for accountability and reparation. This message serves as a crucial reminder for investors to take action and protect their financial interests.

Contact Information

For those wishing to obtain more information or to register, The Gross Law Firm can be contacted through various means. Their office is located at 15 West 38th Street, 12th floor, New York, NY, 10018. Interested parties can email them or reach out at (646) 453-8903 for further assistance.

Stay informed and proactive in your investment strategies, ensuring that your rights as a shareholder are upheld and defended.