Levi & Korsinsky Notification to Freeport-McMoRan Inc. Investors
Levi & Korsinsky, LLP has issued a notice to investors of Freeport-McMoRan Inc. regarding an important class action lawsuit that may affect their investments. The firm is representing shareholders who have suffered losses due to alleged securities fraud, specifically between February 15, 2022, and September 24, 2025. This lawsuit has raised serious concerns about the company's practices and potential financial repercussions.
Case Background
The essence of the class action is rooted in claims that Freeport-McMoRan did not adequately ensure the safety of its operations at the Grasberg Block Cave mine located in Indonesia. According to the filed complaint, several critical issues have been raised:
1.
Inadequate Safety Measures: The company allegedly failed to implement proper safety protocols, which might result in grave consequences for its workers.
2.
Increased Risks: The lack of necessary precautions created a heightened risk profile that could foreseeably lead to worker fatalities, an aspect that was reportedly hidden from investors.
3.
Material Misrepresentation: Statements made by Freeport-McMoRan about its business prospects were characterized as materially false and misleading.
4.
Regulatory Risks: The undetected vulnerabilities could bring about significant regulatory and reputational risks, which investors were not duly informed about.
Given these allegations, the plaintiffs believe that their losses can be recovered, and potential class members are urged to take action.
Next Steps for Investors
Investors who suffered losses during the specified period are advised to act quickly. The deadline to apply to become a lead plaintiff in the lawsuit is set for
January 12, 2026. It's important to note that participating in this class action does not necessitate serving as a lead plaintiff to benefit from any potential settlement or recovery.
No Financial Risk to Class Members
Importantly, any individual who is a class member may be eligible for compensation, which would come at no out-of-pocket cost to them. There are no fees or financial obligations associated with joining this lawsuit, making it accessible for all impacted shareholders.
The Strength of Levi & Korsinsky
Levi & Korsinsky has a proven history in advocating for shareholder rights, having recovered hundreds of millions of dollars for clients over the last two decades. With a dedicated team of over 70 legal professionals who specialize in complex securities litigation, the firm upholds a strong reputation in the industry. Their track record includes consistent recognition as one of the top securities litigation firms in the U.S., as noted by ISS Securities Class Action Services.
Contact information:
- - Joseph E. Levi, Esq.
- - Ed Korsinsky, Esq.
- - Address: 33 Whitehall Street, 27th Floor, New York, NY 10004
- - Email: [email protected]
- - Phone: (212) 363-7500
Investors who wish to learn more about this class action can follow this
link for further information on how to participate.
This lawsuit underscores the importance of transparency and safety within corporate practices, and it serves as a reminder for all investors to remain vigilant regarding the companies in which they invest.