Newmont Corporation Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before April 1, 2025 to Discuss Your Rights - NEM
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A class action lawsuit has been filed against Newmont Corporation alleging securities fraud between February 22, 2024 and October 23, 2024. The lawsuit stems from Newmont's October 23, 2024 press release revealing disappointing EBITDA, lower production, and higher operating costs at two Tier 1 mining assets. Following this announcement, Newmont's stock price dropped from $57.74 to $49.25 per share.
March 25, 2025 | 2:30 pm
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Newmont Corporation is facing a class action lawsuit alleging securities fraud related to its Q3 2024 financial performance, which could impact investor confidence and stock valuation.
The lawsuit directly targets Newmont, alleging misleading financial disclosures that caused significant stock price decline. Legal proceedings could result in financial penalties and reputational damage.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100