FCXâ€ŊShareholder Alert: Faruqiâ€Ŋ&â€ŊFaruqi LLP Announces that Freeport‑McMoRan Investors Have Opportunity to Lead Class Action Lawsuit

FCXâ€ŊShareholder Alert: Faruqiâ€Ŋ&â€ŊFaruqi LLP Announces that Freeport‑McMoRan Investors Have Opportunity to Lead Class Action Lawsuit

â€ĒBy ADMIN
Related Stocks:FCX
Newâ€ŊYork – Novemberâ€Ŋ22,â€Ŋ2025 – National securities law firm Faruqi & Faruqi, LLP (the “Firm”) announced today that it is investigating potential claims on behalf of investors in Freeport‑McMoRan Inc. (NYSE:â€ŊFCX or the “Company”) and reminds eligible investors of the January 12, 2026 deadline to seek appointment as lead plaintiff in a class‑action lawsuit filed in federal court. According to the complaint, Freeport and certain officers allegedly made false or misleading statements — or omitted material information — by failing to disclose that: (1) the Company did not adequately ensure worker safety at its Grasbergâ€ŊBlockâ€ŊCave mine in Indonesia; (2) the lack of proper safety protocols posed a reasonably foreseeable risk of fatalities among the mine’s workforce; (3) this risk triggered heightened regulatory, litigation and reputational exposure; and (4) as a result, statements made about the Company’s business, operations and prospects were materially false or lacked reasonable basis. On Septemberâ€Ŋ9, 2025, Freeport disclosed it had suspended mining activities at the Grasberg site after “a large flow of wet material” trapped seven workers, triggering a share‑price drop of USâ€Ŋ$2.77 (5.9â€Ŋ%) to close at USâ€Ŋ$43.89. Then on Septemberâ€Ŋ24, the Company reported that two workers were fatally injured and five remained missing, with the share price falling a further USâ€Ŋ$7.69 (17â€Ŋ%) to USâ€Ŋ$37.67. A subsequent Bloomberg article raised concerns that the production halt at Grasberg could strain Freeport’s relationship with the Indonesian government and escalate state control pressures. Faruqiâ€Ŋ&â€ŊFaruqi points out that any investor who purchased Freeport securities between Februaryâ€Ŋ15,â€Ŋ2022 and Septemberâ€Ŋ24,â€Ŋ2025 and suffered losses may move to serve as lead plaintiff; choosing not to seek lead plaintiff status does not preclude remaining a class member. The Firm also invites whistleblowers, former employees, shareholders and other individuals with information regarding Freeport’s conduct to reach out confidentially. To learn more or discuss your rights, investors are encouraged to contact the Firm’s partner James (Josh) Wilson. #FreeportMcMoRan #SecuritiesLitigation #InvestorAlert #MiningSafety #SlimScan #GrowthStocks #CANSLIM

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FCXâ€ŊShareholder Alert: Faruqiâ€Ŋ&â€ŊFaruqi LLP Announces that Freeport‑McMoRan Investors Have Opportunity to Lead Class Action Lawsuit | SlimScan