#United States #New York #Levi & Korsinsky #Securities Fraud #Freeport-McMoRan

Class Action Filed on Behalf of Freeport-McMoRan Investors

In a significant move for shareholders, Levi & Korsinsky, LLP has formally filed a class action lawsuit on behalf of investors in Freeport-McMoRan Inc. (NYSE: FCX). This action highlights a series of alleged securities frauds that reportedly occurred between February 15, 2022, and September 24, 2025, impacting investors adversely.

Background of the Case

The lawsuit addresses multiple claims of misconduct by the management of Freeport-McMoRan, a leading player in the global mining industry, particularly concerning their Grasberg Block Cave mine located in Indonesia. The allegations suggest that executives failed to maintain adequate safety measures at the facility. This oversight not only endangered the lives of workers but also represented an undisclosed regulatory risk, replete with potential litigation and reputational damage.

Numerous issues are raised, notably:
1. Safety Protocol Failures: The suit claims that the lack of proper safeguards at the mine created significant risks, potentially culminating in tragic workplace incidents.
2. Misleading Statements: Officials at Freeport-McMoRan are accused of making false statements regarding the company’s operational safety and stability, misleading investors about the actual conditions on the ground.
3. Financial Impact on Shareholders: As a result of these misrepresentations, shareholders experienced financial losses, which the lawsuit aims to recover.

Current Status and Next Steps

If you are a Freeport-McMoRan investor who faced losses during the stated period, it’s crucial to be aware that you have until January 12, 2026, to file a request with the court for appointment as lead plaintiff. Importantly, participating in the class action does not necessitate serving as a lead plaintiff to benefit from any potential recovery.

Levi & Korsinsky underscores that there are no upfront costs to class members, ensuring that investors can pursue their claims without financial burden.

Why Choose Levi & Korsinsky?

With over 20 years in the business, Levi & Korsinsky has established a solid reputation in securities litigation, securing substantial settlements for aggrieved shareholders across various high-stakes cases. Their dedicated team, consisting of more than 70 professionals, is equipped to navigate the complexities of securities law on behalf of their clients. The firm has also consistently been ranked among the top securities litigation firms in the U.S., a testament to their effectiveness and commitment to investor rights.

For further information regarding the class action, affected investors can reach out directly to Levi & Korsinsky, LLP. Communication can be made through email or by calling their offices.

This case marks a critical moment for Freeport-McMoRan shareholders, emphasizing the importance of corporate accountability and the protection of investor rights in an increasingly complex financial landscape.

Conclusion

Levi & Korsinsky’s move to file this class action reflects their ongoing dedication to fighting for shareholder interests, particularly in situations where transparency and safety have been compromised. Investors are encouraged to take action promptly to determine their eligibility and strengthen their standing as participants in this significant legal endeavor.