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Newmont Corporation Class Action: Levi & Korsinsky Reminds Newmont Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 1, 2025 - NEM

1. A class action lawsuit is filed against Newmont for alleged securities fraud. 2. Lawsuit targets losses from Feb 22, 2024 to Oct 23, 2024. 3. Disappointing Q3 EBITDA, lower production, and increased costs were announced. 4. Share price fell from $57.74 to $49.25 after the negative news. 5. Investors can join the litigation at no cost or obligation.

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Why Bearish?

The lawsuit underscores investor dissatisfaction and exposed operational weaknesses, similar to past cases where legal risks led to sudden stock declines. Historical examples in mining and resource sectors have shown that such legal challenges can trigger rapid selloffs and volatility.

How important is it?

Given the significant drop in share price and the high-profile nature of the lawsuit, the news is likely to have a strong short-term impact on NEM. The event reminds investors of historical legal precedents where similar litigation led to marked stock price declines.

Why Short Term?

Immediate litigation risks and investor concerns can cause near-term trading volatility, as seen in prior securities fraud lawsuits affecting stock prices shortly after announcement.

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NEW YORK, Feb. 21, 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=130869&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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