NEM CLASS ACTION FILED: Kessler Topaz Meltzer & Check, LLP Reminds Investors - a Securities Fraud Class Action Lawsuit Has Been Filed Against Newmont Corporation (NEM)
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Kessler Topaz Meltzer & Check, LLP has filed a securities class action lawsuit against Newmont Corporation (NEM) alleging the company made false and misleading statements about its gold production, operating costs, and business prospects during the period of February 22, 2024 to October 23, 2024. Investors have until April 1, 2025 to seek lead plaintiff status.
March 20, 2025 | 5:30 pm
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NEGATIVE IMPACT
The securities fraud lawsuit could negatively impact Newmont's stock price by raising concerns about the company's financial reporting and operational transparency.
The lawsuit alleges systematic misrepresentations about key operational metrics, which could erode investor confidence and potentially lead to financial penalties or settlements.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100