Important Information for Newmont Corporation Securities Purchasers: Deadline Approaching for Lead Plaintiff Application
New York, NY, March 14, 2025 – The Rosen Law Firm, a global investor rights law firm, reminds purchasers of Newmont Corporation (NYSE: NEM) securities between February 22, 2024, and October 23, 2024, inclusive (the “Class Period”), of the significant deadlines in the securities class action lawsuit. The lead plaintiff motion deadline is fast approaching, and interested parties are urged to contact the firm.
What Happened?
Newmont Corporation is a leading global gold producer with significant operations in North and South America, Australia, and Africa. During the Class Period, Newmont Corporation issued materially false and misleading statements regarding its business, operations, and prospects. Specifically, the Company made false and/or misleading statements and/or failed to disclose that: (1) the Company’s gold production was declining; (2) the Company’s cost structure was under pressure; and (3) the Company’s exploration efforts were not progressing as planned.
Why Does This Matter?
If you purchased Newmont securities during the Class Period, you may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action lawsuit to recover damages for investors. If you purchased Newmont securities during the Class Period, you may be eligible to be a lead plaintiff. The lead plaintiff is usually the investor with the largest financial investment and who submits the most detailed claim. In order to qualify for this position, you must meet certain legal requirements and be willing to help coordinate the litigation.
What Should I Do?
If you purchased Newmont securities during the Class Period, you may be entitled to compensation. To learn more about the lawsuit and your potential eligibility, contact The Rosen Law Firm as soon as possible. You can contact the firm by calling Phillip Kim, Esq. or Daniel Sadeh at 212-686-1060 or via email at [email protected] or [email protected]. If you wish to serve as lead plaintiff, you must apply before the lead plaintiff motion deadline. A class action lawsuit is a significant legal proceeding that may take years to resolve.
Impact on Individual Investors
The misrepresentations by Newmont Corporation during the Class Period caused investors to purchase Newmont securities at artificially inflated prices. When the truth was revealed, the value of these securities significantly dropped. Investors who purchased Newmont securities during the Class Period may have suffered significant losses and may be able to recover their losses through the class action lawsuit.
Impact on the World
The securities fraud committed by Newmont Corporation not only harmed individual investors but also had far-reaching consequences. Newmont Corporation’s misrepresentations led to an overvaluation of the Company’s stock, which in turn impacted the broader gold market. The gold market is a significant component of the global economy, and any manipulation or fraud in this market can have far-reaching consequences. The class action lawsuit against Newmont Corporation serves to hold the Company accountable for its actions and to provide compensation to those who were harmed.
Conclusion
If you purchased Newmont Corporation securities during the Class Period, you may be entitled to compensation. The lead plaintiff motion deadline is fast approaching, and interested parties are urged to contact The Rosen Law Firm as soon as possible to learn more about the lawsuit and their potential eligibility. The Rosen Law Firm is dedicated to ensuring that investors receive the compensation they deserve, and the firm’s experienced attorneys have a proven track record of success in securities class action litigation.
- Newmont Corporation securities purchased between February 22, 2024, and October 23, 2024, may be eligible for compensation.
- The lead plaintiff motion deadline is approaching.
- Interested parties are urged to contact The Rosen Law Firm as soon as possible.
- The class action lawsuit seeks to recover damages for investors.
- Individual investors may have suffered significant losses.
- The securities fraud had far-reaching consequences on the gold market and the global economy.
