StockNews.AI
NEM
StockNews.AI
193 days

NEM INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Newmont Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

1. A class action lawsuit has been filed against Newmont Corporation. 2. The lawsuit claims false statements on revenue and production forecasts. 3. Investors can join the lawsuit for losses incurred between Feb and Oct 2024. 4. Bronstein, Gewirtz & Grossman represent investors on a contingency fee basis. 5. The legal proceedings could adversely affect investor confidence in NEM.

8m saved
Insight
Article

FAQ

Why Very Bearish?

Class action lawsuits typically harm a company's stock price, especially if proven. Past cases showed significant declines in share prices post-lawsuit announcements.

How important is it?

This class action lawsuit could significantly impact investor trust and stock performance. The potential for recovery may also affect future investment decisions.

Why Short Term?

The immediate effect on NEM will likely be felt as the lawsuit unfolds. Similar situations previously triggered quick stock price reactions.

Related Companies

NEM INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Newmont Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

NEW YORK--( )--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Newmont Corporation (“Newmont” or “the Company”) (NYSE: NEM) and certain of its officers.

Class Definition

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Newmont securities between February 22, 2024 and October 23, 2024, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/NEM.

Case Details

The Complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) defendants created the false impression that they possessed reliable information pertaining to Newmont’s projected revenue outlook and ability to deliver growing gold and mineral production at its Tier 1 portfolio operations through mining and cost profile improvements; and (2) defendants provided the public with materially flawed statements of confidence and growth projections which did not account for these variables.

What's Next?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: bgandg.com/NEM, or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660. If you suffered a loss in Newmont 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 lead plaintiff.

There is No Cost to You

We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.

Follow us for updates on LinkedIn, X, Facebook, or Instagram.

Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | info@bgandg.com

Related News