Important Information for Newmont Corporation Investors: Rosen Law Firm Announces Class Action Lawsuit
New York, NY, March 13, 2025 – In a recent press release, Rosen Law Firm, a leading investor rights law firm, reminded purchasers of Newmont Corporation (NYSE: NEM) securities between February 22, 2024, and October 23, 2024, inclusive (the “Class Period”), of the important April 1, 2025, lead plaintiff deadline in a securities class action lawsuit. The lawsuit alleges that Newmont Corporation and certain of its top executives made materially false and misleading statements and failed to disclose material information.
Background on Newmont Corporation
Newmont Corporation is a leading global gold producer with operations in Asia, Australia, North and South America, and Africa. The company was founded in 1921 and is headquartered in Denver, Colorado. Newmont is one of the largest gold producers in the world, with a market capitalization of over $50 billion as of March 2025.
The Allegations
The lawsuit alleges that Newmont and certain of its top executives made false and misleading statements regarding the company’s financial condition and business prospects. The complaint alleges that during the Class Period, the defendants made false and/or misleading statements and/or failed to disclose that: (1) Newmont’s financial statements for the periods from 2021 to 2024 contained errors; (2) the company’s gold reserves and resources were overstated; and (3) as a result, Newmont’s public statements were materially false and misleading at all relevant times.
Impact on Individual Investors
If you purchased Newmont Corporation securities during the Class Period and suffered a loss, you may be eligible to act as a lead plaintiff in the class action. As a lead plaintiff, you may have the opportunity to participate in the decision-making process and potentially recover the maximum compensation for the class. If you wish to serve as a lead plaintiff, please contact Rosen Law Firm as soon as possible.
Impact on the World
The impact of this class action lawsuit on the world may depend on the outcome of the case. If the allegations are proven true, it could potentially lead to a loss of confidence in Newmont Corporation and the gold mining industry as a whole. This could result in decreased investment in the sector and potentially lower stock prices for other gold mining companies. Furthermore, it could lead to increased scrutiny of financial reporting and disclosure practices in the industry.
Conclusion
If you purchased Newmont Corporation securities during the Class Period, it is important to be aware of the lead plaintiff deadline and the potential impact of the class action lawsuit. As a responsible investor, it is essential to stay informed about any developments in the case and to consider seeking legal advice if you believe you have been negatively affected. The outcome of this case could have far-reaching implications for the gold mining industry and the investment community as a whole.
For more information about the class action lawsuit against Newmont Corporation, please contact Rosen Law Firm at (866) 767-3653 or [email protected].
- Rosen Law Firm Announces Securities Class Action Lawsuit Against Newmont Corporation
- Class Period: February 22, 2024, to October 23, 2024
- Lead Plaintiff Deadline: April 1, 2025
- Allegations of false and misleading statements and failed disclosures
- Impact on individual investors: potential opportunity to act as a lead plaintiff
- Impact on the world: potential loss of confidence in the gold mining industry and decreased investment
