Join the Class Action Against Newmont Corporation: Shareholder Alert

Important Notice to Newmont Corporation Shareholders

The Gross Law Firm has issued a crucial announcement urging shareholders of Newmont Corporation (NYSE: NEM) to consider joining a class action lawsuit. This warning is primarily directed at those who purchased shares between February 22, 2024, and October 23, 2024, a period during which significant stock price drops occurred due to disappointing company performance.

Class Action Timeline

The allegations against Newmont include the release of a press statement on October 23, 2024, which detailed poor earnings before interest, taxes, depreciation, and amortization (EBITDA) performance for the third quarter, alongside a reduction in production and a rise in operating expenses. Most alarming was the revelation surrounding its Tier 1 mining assets, where production estimates were downgraded, hinting at potential financial instability. Following this negative announcement, Newmont's share price plummeted from a closing price of $57.74 to $49.25 within a day, marking a substantial loss for investors.

Key Dates to Remember

Shareholders are encouraged to register for the class action by April 1, 2025, to maximize chances for recovery. Even if appointment as lead plaintiff is not a requirement for participating in the recovery process, early registration is essential to secure your position. More information about registration can be found at Gross Law Firm's website.

Next Steps for Affected Shareholders

Once you've confirmed registration, shareholders will receive support via a portfolio monitoring system, which offers real-time case updates and assists you throughout the process. This ensures that you're kept informed on the progress of the class action and your potential recovery options.

One of the most reassuring aspects of this legal endeavor is that there is no upfront cost or obligation to participate. The Gross Law Firm, recognized nationally for its advocacy in class action lawsuits, stands ready to support investors who have suffered losses due to deceptive business practices.

Why Choose The Gross Law Firm?

The Gross Law Firm is dedicated to protecting investor rights and ensuring that companies remain accountable for misleading their shareholders. Their focus on investor protection means they are well-suited to navigate the complexities associated with these legal proceedings. The firm aims to assist individuals who have incurred losses due to misinformation or lack of transparency from companies that have inflated their stock value artificially.

Every shareholder who has faced losses during this class period should carefully consider joining this legal action to seek restitution. For further inquiries or personalized assistance, you can reach the Gross Law Firm at:

Contact Information
Gross Law Firm
15 West 38th Street, 12th Floor
New York, NY 10018
Email: [email protected]
Phone: (646) 453-8903

Don’t wait; ensure your voice is heard and your rights as an investor are protected. Act now to be part of this important class action against Newmont Corporation.