Newmont Corporation Class Action: The Gross Law Firm Reminds Newmont Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 1, 2025 – NEM
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The Gross Law Firm has announced a class action lawsuit against Newmont Corporation (NEM) regarding its Q3 2024 financial disclosure. The lawsuit alleges that Newmont published disappointing EBITDA results, lower production, and higher operating costs for its Tier 1 assets. Following the announcement, NEM's stock price dropped from $57.74 to $49.25 per share.
March 26, 2025 | 3:30 pm
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Newmont Corporation is subject to a class action lawsuit alleging misleading financial disclosures in Q3 2024, which resulted in a significant stock price decline.
The lawsuit directly targets Newmont's financial reporting, suggesting potential financial misrepresentation that could negatively impact investor confidence and stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100