#United States #New York #securities lawsuit #Freeport-McMoRan #FCX

Overview of the Lawsuit

On December 26, 2025, Levi & Korsinsky, LLP announced a class action lawsuit against Freeport-McMoRan Inc. (NYSE: FCX), aimed at protecting investors who incurred losses as a result of alleged securities fraud. The lawsuit covers incidents and conduct between February 15, 2022, and September 24, 2025, a period during which significant concerns regarding the company's safety practices and business statements have emerged.

Allegations Detailed

The complaint presents grave allegations against Freeport-McMoRan, focusing on its operation in Indonesia at the Grasberg Block Cave mine. Key points highlighted include:
1. Inadequate Safety Measures: The lawsuit claims that Freeport did not sufficiently ensure safe working conditions at the mine, leading to an environment of heightened risk for employees.
2. Hidden Risks: It is alleged that the company concealed the risks associated with its operations which could foreseeably lead to worker fatalities. Such risks also included heightened regulatory scrutiny, potential litigation, and damage to the company's reputation.
3. False Statements: As a result of these concealed risks, statements made by the defendants regarding the company’s business and operations were allegedly misleading or lacked a reasonable basis. This misrepresentation is believed to have misinformed investors and inflated the stock value unrealistically.

Investors' Rights and Actions

Freeport investors who feel impacted by these developments have until January 12, 2026, to step forward and initiate their claims. Interested parties can seek consultation with Levi & Korsinsky without any obligation or upfront costs. The firm assures class members may be entitled to compensation for their losses without needing to incur any fees.

Investors can reach out via phone or email to connect with representatives from Levi & Korsinsky. Joseph E. Levi, Esq. is available for direct communication, providing affected parties the chance to discuss their rights and potential compensation.

Levi & Korsinsky’s Reputation and Expertise

Levi & Korsinsky has built a notable reputation over the past two decades, securing substantial settlements for investors in securities litigation. With a dedicated team of over 70 professionals, the firm thoroughly prepares for each case, ensuring that investors receive the representation needed in complex legal environments. Their successful track record is evident, earning them a place among the Top 50 Securities Litigation Firms in the U.S. by ISS Securities Class Action Services.

Conclusion

The class action lawsuit against Freeport-McMoRan Inc. underscores the critical importance of transparency and accountability within the corporate sector. Affected investors are encouraged to take timely action and consult with experienced legal counsel to explore their rights and options accordingly. For further details and assistance, please contact Levi & Korsinsky, as they are committed to advocating for investors' rights and recovering losses incurred due to alleged securities violations.

For more information, visit Levi & Korsinsky's website.

Contact Information

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
33 Whitehall Street, 27th Floor
New York, NY, 10004
Email: [email protected]
Phone: (212) 363-7500
Fax: (212) 363-7171