Levi & Korsinsky Notifies Newmont Corporation Investors of a Class Action Lawsuit and Upcoming Deadline – NEM
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Levi & Korsinsky law firm has filed a class action securities lawsuit against Newmont Corporation, alleging securities fraud between February 22 and October 23, 2024. The lawsuit stems from Newmont's press release revealing lower production and higher costs at two Tier 1 mining assets, which caused the stock price to drop from $57.74 to $49.25 per share.
March 20, 2025 | 11:45 pm
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Lawsuit alleges securities fraud due to disappointing Q3 2024 financial performance, with lower production and higher costs at key mining assets
The lawsuit directly targets Newmont's financial reporting, suggesting potential material misrepresentations that could impact investor confidence and stock valuation
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100