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April 1, 2025 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against NEM

1. Lawsuit targets alleged securities fraud against NEM. Investors face recovery claims. 2. Complaint follows Q3 2024 negative EBITDA and production miss. Stock price dropped steeply. 3. Levi & Korsinsky lead litigation against NEM. No participation fee for investors.

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FAQ

Why Bearish?

The lawsuit follows a disappointing earnings release and operational miss that triggered a sharp price drop, similar to past cases in the mining sector that led to investor uncertainty and further selling pressure.

How important is it?

The legal proceedings and previously announced negative financial results are likely to continue affecting NEM’s share price as investors react to potential liabilities and operational challenges.

Why Short Term?

The immediate market reaction, evidenced by the stock plunge from $57.74 to $49.25, indicates a near-term impact, though prolonged litigation could extend concerns if new negative information emerges.

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BHPVALERIO
NEW YORK, Feb. 25, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Newmont Corporation ("Newmont" or the "Company") (NYSE: NEM) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Newmont investors who were adversely affected by alleged securities fraud between February 22, 2024 and October 23, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/newmont-corporation-lawsuit-submission-form?prid=131759&wire=4 NEM investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500. CASE DETAILS: According to the complaint, on October 23, 2024, Newmont published a press release announcing disappointing EBITDA third quarter 2024 highlights, in addition to decreases in production and increases in operating costs. In pertinent part, Newmont revealed that mining operations at its two Tier 1 assets would see lower production than originally guided with expectations of higher costs at these facilities.  Following this news, Newmont's stock price fell from a closing market price of $57.74 per share on October 23, 2024 to $49.25 per share on October 24, 2024. WHAT'S NEXT? If you suffered a loss in Newmont during the relevant time frame, you have until April 1, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate. WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. CONTACT:Levi & Korsinsky, LLP Joseph E. Levi, Esq.Ed Korsinsky, Esq.33 Whitehall Street, 17th FloorNew York, NY 10004[email protected]Tel: (212) 363-7500Fax: (212) 363-7171www.zlk.com SOURCE Levi & Korsinsky, LLP

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