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) on behalf of investors who purchased NEM securities between February 22, 2024, and October 23, 2024. The lawsuit alleges that Newmont made false and misleading statements about its gold production, operating costs, and business prospects. 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 transparency, financial reporting, and operational performance during the specified class period.
The lawsuit alleges material misrepresentations about gold production, operating costs, and business prospects, which could damage investor confidence and potentially lead to financial penalties or settlements.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100