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Newmont Corporation Sued for Securities Law Violations - Contact The Gross Law Firm Before April 1, 2025 to Discuss Your Rights - NEM

1. NEM faces a class action for misleading EBITDA reports. 2. Disappointing Q3 results caused NEM's stock to drop significantly. 3. Production declines and increased costs were reported for Tier 1 operations. 4. Shareholders can enroll for updates regarding their class action rights. 5. Deadline for lead plaintiff appointment is April 1, 2025.

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FAQ

Why Very Bearish?

The significant drop in stock price (15% loss) following the EBITDA disappointment indicates severe investor concern, reminiscent of past declines in similar scenarios when production issues were announced.

How important is it?

The details of the class action, including significant stock price drop and legal ramifications, suggest potential ongoing volatility and investor caution surrounding NEM.

Why Short Term?

The immediate price drop reflects current investor sentiment; however, the impact may stabilize as the situation evolves.

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, /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Newmont Corporation (NYSE: NEM). Shareholders who purchased shares of NEM during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/newmont-corporation-loss-submission-form/?id=138812&from=4 CLASS PERIOD: February 22, 2024 to October 23, 2024 ALLEGATIONS: 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. DEADLINE: April 1, 2025 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/newmont-corporation-loss-submission-form/?id=138812&from=4 NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of NEM during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is April 1, 2025. There is no cost or obligation to you to participate in this case. WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT:The Gross Law Firm15 West 38th Street, 12th floorNew York, NY, 10018Email: [email protected]Phone: (646) 453-8903 SOURCE The Gross Law Firm WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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