Freeport-McMoRan Class Action Lawsuit: Investors Invited to Lead Claims Against the Company

Freeport-McMoRan Class Action Lawsuit Update

In a significant move for investors facing major losses in Freeport-McMoRan Inc. (NYSE: FCX), Robbins Geller Rudman & Dowd LLP has announced the opportunity for these individuals to lead a class action lawsuit against the company. This lawsuit targets claims related to violations of the Securities Exchange Act of 1934, stemming from events that occurred between February 15, 2022, and September 24, 2025. Investors who acquired shares within this time frame have until January 12, 2026, to seek the position of lead plaintiff in this case, identified as Reed v. Freeport-McMoRan Inc., No. 25-cv-04243 (D. Ariz.)

Overview of Allegations

The primary allegations against Freeport-McMoRan include making false or misleading statements regarding its operational safety at the Grasberg Block Cave mine located in Indonesia. Specific concerns point to inadequate safety measures that heightened risks to workers. The class action claims that Freeport-McMoRan did not disclose these risks adequately, leading to tragic incidents that impacted both workers and investors.

During the class period, on September 9, 2025, Freeport-McMoRan publicly announced a hazardous incident involving significant flooding at one of its production sites, which trapped workers and caused immediate suspension of operations. This news caused a drop of nearly 6% in Freeport-McMoRan's stock price. The situation escalated later, on September 24, 2025, when the company disclosed that two workers had been fatally injured in the incident, while five others remained missing. Following this revelation, the company's stock saw a dramatic drop, shedding approximately 17% of its value. Additionally, a subsequent report from Bloomberg exacerbated concerns about the mining company's operations, particularly regarding its relationship with the Indonesian government, leading to further declines in stock value.

The Role of Lead Plaintiff

The Private Securities Litigation Reform Act of 1995 is pivotal in these types of lawsuits, as it allows investors who have suffered financial losses during the class period to volunteer as lead plaintiffs. This individual will be responsible for steering the class action lawsuit on behalf of all affected investors. A lead plaintiff not only represents the collective interests of the group but also selects the law firm to handle the litigation process. Importantly, participating as a lead plaintiff does not affect an individual's ability to claim any financial recovery from the settlement.

About Robbins Geller

Robbins Geller Rudman & Dowd LLP is recognized as a leader in the legal field of securities fraud and shareholder litigation. The firm boasts a track record of securing the most monetary relief for investors over several years. They emphasize the importance of investor rights and providing a platform for those seeking justice against corporate misconduct. The firm has successfully recovered over $2.5 billion for investors in various cases, showcasing their commitment to supporting shareholder interests.

For those investors wishing to join the Freeport-McMoRan class action lawsuit, further information can be found by contacting attorneys J.C. Sanchez or Jennifer N. Caringal at Robbins Geller via their official website or by phone. This opportunity represents not only a potential path to recovery for investors but also an avenue to hold Freeport-McMoRan accountable for its alleged missteps and failures in ensuring worker safety.

If you are an investor who has been adversely affected, don’t miss this chance to stand up for your rights.

For more guidance on how to proceed, you can access detailed information at Robbins Geller's website or contact them directly for expert assistance.