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News  ›  GlobeNewswire Inc.

FCX: Kirby McInerney LLP Advises Freeport-McMoran Inc. Investors of Class Action Lawsuit

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Kirby Mcinerney Llp
FCX: Kirby McInerney LLP Advises Freeport-McMoran Inc. Investors of Class Action Lawsuit

A securities class action lawsuit has been filed against Freeport-McMoRan Inc. on behalf of investors who purchased company securities between February 15, 2022 and September 24, 2025. The lawsuit alleges inadequate safety measures at the Grasberg Block Cave mine in Indonesia, which constituted undisclosed regulatory and reputational risks. The allegations followed Freeport's September 9, 2025 announcement of mining suspension at the location due to trapped workers, resulting in a 5.94% stock price decline.

Insights
DELL   negative

Tumbled 4.04% after Morgan Stanley downgraded from 'Overweight' to 'Underweight'


FCX   negative

The company faces a securities class action lawsuit alleging inadequate safety measures at a major mining operation, resulting in worker entrapment and mine suspension. The allegations of undisclosed risks and the subsequent 5.94% stock price decline on the news announcement indicate significant negative market and legal consequences.