Important Notice to Newmont Corporation Shareholders
NEW YORK, March 06, 2025:
The Gross Law Firm, a leading securities law firm, issues this notice to all current shareholders of Newmont Corporation (NYSE: NEM). The firm is investigating potential securities fraud claims on behalf of investors who purchased or otherwise acquired Newmont Corporation securities between January 1, 2023, and February 28, 2025.
Alleged Misrepresentations
The investigation focuses on whether Newmont Corporation and certain of its executives and directors made false and misleading statements regarding the Company’s mineral reserves and production estimates. Specifically, the investigation concerns whether the defendants failed to disclose material information regarding the accuracy of the Company’s mineral reserve estimates and the impact of declining gold prices on the Company’s production and cash flow.
Investors Encouraged to Contact the Firm
If you are a shareholder who purchased or otherwise acquired Newmont Corporation securities during the Class Period, you may, no later than May 1, 2025, request that the Court appoint you as lead plaintiff of the proposed class. To be a member of the class, you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent class member. A lead plaintiff is generally the member of the proposed class who has the largest financial interest in the relief sought by the class. The lead plaintiff acts on behalf of the other class members in directing the litigation.
Impact on Individual Investors
If the allegations are true, Newmont Corporation shareholders may have suffered significant losses. The price of the Company’s securities may have been artificially inflated during the Class Period, causing investors to purchase shares at inflated prices. As a result, these investors may be able to recover their losses through a securities class action lawsuit.
Impact on the World
The potential securities fraud claims against Newmont Corporation could have wider implications beyond the Company and its investors. Mining companies, in general, face increasing scrutiny over their reporting practices, particularly regarding mineral reserves and production estimates. If the allegations against Newmont Corporation are proven true, it could lead to increased regulatory oversight and stricter reporting requirements for the mining industry.
Conclusion
The Gross Law Firm encourages Newmont Corporation shareholders with any questions or concerns to contact the firm for a free consultation. The investigation is ongoing, and the firm is committed to fighting for the rights of its clients. For more information, please contact the Gross Law Firm toll-free at 888-297-1030, or email [email protected].
- The Gross Law Firm is investigating potential securities fraud claims against Newmont Corporation.
- The investigation concerns alleged misrepresentations regarding mineral reserves and production estimates.
- Shareholders who purchased Newmont Corporation securities during the Class Period may be able to recover their losses.
- Wider implications for the mining industry could result from the investigation.
