Important Information for Newmont Corporation Investors: Rosen Law Firm Reminds Investors of the Lead Plaintiff Deadline in Securities Class Action
NEW YORK, Feb. 27, 2025 – Rosen Law Firm, a global investor rights law firm, alerts 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. The lawsuit seeks to recover damages for Newmont investors under the Securities Exchange Act of 1934.
Background:
Newmont is a leading global gold producer with operations in North and South America, Africa, and Australia. The Company is one of the largest gold producers in the world, with a strong portfolio of Tier One and Tier One development projects.
Allegations:
The complaint alleges that during the Class Period, Newmont made false and misleading statements and failed to disclose material information. Specifically, the Company allegedly made false and misleading statements regarding the Company’s business, operations, and prospects. The complaint alleges that defendants failed to disclose: (1) that Newmont’s gold mines were experiencing operational issues, including increased costs and decreased production; (2) that Newmont was experiencing higher than anticipated costs related to its merger with Goldcorp Inc.; and (3) that Newmont’s financial statements were not accurate.
Impact on Individual Investors:
Investors who purchased Newmont securities during the Class Period may be able to recover their losses. The lead plaintiff will act on behalf of all other class members in managing the litigation. If you wish to join the litigation, please contact Rosen Law Firm as soon as possible. You may also contact the firm to discuss your rights and potential remedies at no cost to you.
Impact on the World:
The outcome of this securities class action lawsuit could have significant implications for the mining industry and investors. If the allegations are proven true, it could lead to increased scrutiny of other mining companies’ financial reporting and operations. It could also result in increased regulatory oversight and potential changes to industry standards. For investors, the outcome of the lawsuit could impact their investment decisions in the mining sector.
Conclusion:
Rosen Law Firm encourages investors who purchased Newmont securities during the Class Period to contact the firm as soon as possible to discuss their potential legal rights and remedies. The lead plaintiff deadline is quickly approaching, and investors who fail to act may be permanently barred from recovering their losses. For more information, please visit www.rosenlegal.com or contact Phillip Kim, Esq. of the Rosen Law Firm toll-free at 866-767-3653 or via email at [email protected] or [email protected].
Disclaimer:
This press release may constitute attorney advertising. Past results do not guarantee or predict a similar outcome with respect to any future matter. Rosen Law Firm is a multifaceted law firm engaged in securities litigation, antitrust litigation, and consumer protection litigation. The litigation roles of Rosen Law Firm’s attorneys include litigating as lead counsel in securities class actions, practices in areas of shareholder derivative and securities cases, and working with investors and other experienced litigators to maximize their recovery for loss causing securities fraud.
