Robbins Geller Encourages Freeport McMoRan Investors to Join Class Action

Investors Urged to Act: Freeport McMoRan Class Action Opportunity

Robbins Geller Rudman & Dowd LLP has announced a crucial deadline for investors in Freeport-McMoRan Inc. (NYSE: FCX), providing them an opportunity to take on a significant leadership role in a class action lawsuit against the company. This lawsuit pertains to acquisitions of Freeport-McMoRan publicly traded securities between February 15, 2022, and September 24, 2025. If you are one of those investors who experienced substantial losses during this class period, you may submit your application as a lead plaintiff by January 12, 2026.

The lawsuit, titled Reed v. Freeport-McMoRan Inc., alleges significant violations of the Securities Exchange Act of 1934 by the company and several of its current and former executives. The lead plaintiff process under the Private Securities Litigation Reform Act allows any investor who qualifies to step forward based on their financial stake in the case.

Background of the Allegations

Freeport-McMoRan is known for its mining operations including the prominent Grasberg Copper and Gold Mine located in Papua, Indonesia, a key site operated under government interests. According to the allegations, the company failed to ensure the necessary safety protocols at the Grasberg Block Cave mine, compromising the safety of its workers. This lack of adequate safety measures reportedly posed a significant risk leading to potential fatalities.

Key points raised in the lawsuit detail how Freeport-McMoRan made false and misleading statements or omitted critical disclosures that concealed serious safety risks from investors. For example, events unfolded dramatically on September 9, 2025, when a significant flow of wet material from a production area impeded evacuation routes for workers, highlighting the management's negligence regarding worker safety.

Following this incident, subsequent disclosures revealed tragic outcomes. On September 24, 2025, Freeport-McMoRan announced that two workers had been fatally injured as a result of the incident and that additional team members remained missing, which resulted in a staggering nearly 17% drop in the company’s stock price within a short time. Investors were alarmed by these announcements, especially given the comprehensive details regarding the halted production in the Grasberg district, indicating that future production estimates would see a major drop.

Adding to investor unease, a report released shortly thereafter by Bloomberg pointed out the worsening relations between Freeport-McMoRan and the Indonesian government, further pressuring the stock's value. As a result, many investors are now questioning the management's actions and strategies leading to these severe operational setbacks and loss of investor trust.

The Path Ahead for Investors

Investors considering joining the class action are encouraged to act promptly to stake their claim. Being designated as a lead plaintiff means that individual investors can represent the collective interests of the class throughout the duration of the litigation. Those interested can contact Robbins Geller attorneys J.C. Sanchez or Jennifer N. Caringal via their provided contact methods.

Robbins Geller is recognized for its robust track record in securities litigation, having secured over $2.5 billion for investors in class action cases in 2024 alone. Their expertise positions them as a formidable ally in the pursuit of just recovery for affected investors.

For further information about the Freeport-McMoRan class action and to see if you qualify to participate, visit Robbins Geller's case page.

Conclusion

This class action lawsuit presents a significant opportunity for Freeport-McMoRan investors impacted by recent events to unite and seek reparations. As the deadline approaches, potential lead plaintiffs must navigate this process carefully while taking advantage of the expertise available through Robbins Geller. The importance of holding companies accountable for their operational standards cannot be overstated, particularly in industries where safety is paramount.