newsfilter
← Latest News
PR Newswire·

UPCOMING DEADLINE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Freeport-McMoran

  • Faruqi & Faruqi, LLP is investigating potential securities claims against Freeport-McMoran Inc. (NYSE: FCX) for investors who purchased shares between February 15, 2022, and September 24, 2025.
  • The firm reminds investors of the January 12, 2026, deadline to seek the role of lead plaintiff in the federal securities class action.
  • The complaint alleges violations of federal securities laws regarding undisclosed safety risks at the Grasberg Block Cave mine in Indonesia, including the failure to ensure adequate safety precautions.
  • On September 9, 2025, Freeport suspended mining after wet material trapped seven workers, causing the stock to fall $2.77 (5.9%) to $43.89.
  • On September 24, 2025, the company disclosed that two workers were fatally injured while five remained missing, causing the stock to fall $7.69 (17%) to $37.67.
  • On September 25, 2025, a Bloomberg article highlighted potential strain in the relationship between Freeport and the Indonesian government over mine ownership, causing the stock to fall $2.33 (6.2%) to $35.34.
  • On September 28, 2025, an expert stated the landslide was preventable and should have been anticipated, reinforcing allegations that the risks were known.
  • The lawsuit alleges that Freeport's statements about its business and operations were materially false and misleading due to these undisclosed regulatory, litigation, and reputational risks.
  • Investors who suffered losses or have information regarding Freeport's conduct are encouraged to contact partner James (Josh) Wilson at 877-247-4292 or 212-983-9330 (Ext. 1310).
  • The firm notes that the decision to serve as a lead plaintiff does not affect an investor's ability to share in any potential recovery.