Robbins Geller Rudman & Dowd LLP Announces Deadline

Class Action Lawsuit Against Newmont Corporation

SAN DIEGO, Feb. 06, 2025 (GLOBE NEWSWIRE) —

Robbins Geller Rudman & Dowd LLP has announced that purchasers or acquirers of Newmont Corporation (NYSE: NEM) securities between February 22, 2024 and October 23, 2024, both dates inclusive (the “Class Period”), have until April 1, 2025 to seek appointment as lead plaintiff in the Newmont class action lawsuit. The lawsuit, titled Karas v. Newmont Corporation, No. 25-cv-00341 (D. Colo.), alleges that Newmont and certain top executives violated the Securities Exchange Act of 1934.

The class action alleges that Newmont made false and misleading statements regarding its financial performance and business prospects during the Class Period. This resulted in Newmont’s stock trading at artificially inflated prices, causing financial harm to investors who purchased or acquired Newmont securities during this time.

Investors who wish to participate in the class action lawsuit must apply to be appointed as lead plaintiff by April 1, 2025. Lead plaintiffs are responsible for representing the interests of the entire class of investors affected by the alleged misconduct.

For more information on the class action lawsuit and how to participate as lead plaintiff, investors are encouraged to contact Robbins Geller Rudman & Dowd LLP.

Impact on Individuals

If you purchased or acquired Newmont Corporation securities between February 22, 2024 and October 23, 2024, you may be eligible to participate in the class action lawsuit as a lead plaintiff. This could provide an opportunity to recover financial losses incurred as a result of the alleged securities fraud committed by Newmont and its executives.

Impact on the World

The outcome of the Newmont class action lawsuit could have broader implications for the corporate world, particularly in terms of accountability and transparency in financial reporting. A successful prosecution of Newmont and its executives for securities fraud could set a precedent for holding other companies accountable for similar actions, ultimately leading to a more honest and ethical business environment.

Conclusion

In conclusion, the announcement of the Newmont class action lawsuit by Robbins Geller Rudman & Dowd LLP underscores the importance of upholding integrity in the financial markets. Investors who believe they were harmed by Newmont’s alleged securities fraud have the opportunity to seek justice through the legal system, potentially leading to accountability and transparency in corporate practices.