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News  ›  GlobeNewswire Inc.

Bronstein, Gewirtz & Grossman LLC Urges Freeport-McMoRan Inc. Investors to Act: Class Action Filed Alleging Investor Harm

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Bronstein, Gewirtz & Grossman Llc
Bronstein, Gewirtz & Grossman LLC Urges Freeport-McMoRan Inc. Investors to Act: Class Action Filed Alleging Investor Harm

A class action lawsuit has been filed against Freeport-McMoRan Inc. alleging that the company made false and misleading statements regarding safety practices at its Grasberg Block Cave mine in Indonesia. The lawsuit claims defendants failed to disclose inadequate safety measures and the heightened risk of worker deaths, regulatory action, and reputational damage. The class period covers purchases between February 15, 2022 and September 24, 2025.

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The company is the defendant in a securities fraud class action alleging material misstatements about safety practices at its Indonesian mining operations, failure to disclose worker safety risks, and inadequate disclosure of regulatory and reputational risks. These allegations directly harm investor confidence and shareholder value.