Urgent Notice for Shareholders of Newmont Corporation About Class Action Lawsuit

Important Update for Newmont Corporation Shareholders

Shareholders of Newmont Corporation (NYSE: NEM) who might have incurred losses are urged to take action following a recent announcement regarding a potential class action lawsuit. The Gross Law Firm has issued a statement inviting affected shareholders to contact them for information about becoming involved in this legal action.

Background of the Case

The relevant timeframe for this class action complaint spans from February 22, 2024, to October 23, 2024. During this period, Newmont shareholders experienced significant financial implications due to public disclosures made by the company. On October 23, 2024, Newmont released a press release outlining disappointing earnings before interest, taxation, depreciation, and amortization (EBITDA) highlights for the third quarter of 2024. The news reported a concerning drop in production and a notable spike in operating costs emanating from its two Tier 1 mining assets.

As a consequence of this troubling disclosure, Newmont's stock price plummeted from a closing market price of $57.74 on October 23 to $49.25 the following day, indicating a loss of value that investors had not anticipated. This incident has raised considerable concern among shareholders regarding the management of the company and the accuracy of previously provided data.

What Shareholders Should Know

The Gross Law Firm is reaching out to shareholders who acquired shares during this critical period, emphasizing the importance of participating in this class action. Investors are encouraged to register their information as soon as possible to ensure they receive updates and support throughout the duration of the legal proceedings. Those who are interested in being appointed as lead plaintiffs are also encouraged to express their interest; however, they can participate even without this appointment.

The deadline to register for participating in this class action lawsuit is April 1, 2025. Investors who intend to join must act promptly and should not hesitate to reach out for further information and guidance. The Gross Law Firm will provide enrolled shareholders with access to a monitoring software that will keep them informed about the progress and status of the case.

Why Choose The Gross Law Firm?

Recognized nationally for its commitment to investor protection, The Gross Law Firm emphasizes its dedication to addressing unfair conduct within corporate settings. Their mission focuses on safeguarding the rights of investors who have fallen victim to deceitful practices that might have led to significant financial losses. With a focus on transparency, corporate responsibility, and the establishment of ethical business practices, The Gross Law Firm aims to see justice served for affected investors.

If you are a shareholder who bought shares during the specified class period and wish to partake in the potential recovery as a result of this class action, do not delay any further. For more information, you can contact The Gross Law Firm directly through their office located at 15 West 38th Street, 12th Floor, New York, NY 10018, or call them at (646) 453-8903.

Next Steps

For shareholders of Newmont Corporation, remaining informed and proactive is key. Whether you are considering involvement as a lead plaintiff or simply wish to stay updated on the developments of the case, registration is crucial. All engagement in this legal process comes at no cost or obligation, making it a risk-free opportunity for affected investors.

For further details and to register your information for the class action, visit the official registration link or contact The Gross Law Firm. Taking timely action could pave the way for recovery and ensure that your voice as a shareholder is heard regarding these unfortunate developments at Newmont Corporation.