Shareholders that lost money on Newmont Corporation(NEM) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More
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A class action securities lawsuit has been filed against Newmont Corporation (NEM) alleging securities fraud between February 22 and October 23, 2024. The lawsuit stems from the company's press release revealing disappointing third quarter EBITDA, lower production at Tier 1 assets, and increased operating costs, which caused the stock price to drop from $57.74 to $49.25 per share.
March 25, 2025 | 10:45 pm
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The class action lawsuit alleges securities fraud related to Q3 2024 financial performance, potentially exposing Newmont to financial liability and reputational damage.
The lawsuit directly targets Newmont, alleging securities fraud during a specific period. The significant stock price drop and detailed allegations suggest potential negative financial and legal consequences for the company.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100