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News  ›  GlobeNewswire Inc.

Bronstein, Gewirtz & Grossman LLC Urges Freeport-McMoRan Inc. Investors to Act: Class Action Filed Alleging Investor Harm

GlobeNewswire Inc. Logo GlobeNewswire Inc. • •By Bronstein, Gewirtz & Grossman Llc
Bronstein, Gewirtz & Grossman LLC Urges Freeport-McMoRan Inc. Investors to Act: Class Action Filed Alleging Investor Harm

A class action lawsuit has been filed against Freeport-McMoRan Inc. alleging that the company made false and misleading statements regarding safety practices at its Grasberg Block Cave mine in Indonesia. The lawsuit claims defendants failed to disclose inadequate safety measures and the heightened risk of worker deaths, regulatory action, and reputational damage. The class period covers purchases between February 15, 2022 and September 24, 2025, with a lead plaintiff deadline of January 12, 2026.

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BRK.A   neutral

Making a strategic tech investment that deviates from traditional portfolio, potentially signaling leadership transition

FCX   negative

The company is the defendant in a securities fraud class action alleging material misstatements about safety practices at its Indonesian mining operations, failure to disclose worker safety risks, and resulting regulatory and reputational exposure. These allegations directly harm investor confidence and shareholder value.

Keywords
#class action lawsuit #securities fraud #Grasberg Block Cave mine #safety violations #investor damages #Indonesia

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