NEM Deadline in 5 Days: Kessler Topaz Meltzer & Check, LLP Reminds Newmont Corporation (NEM) Investors of Filing Deadline in Class Action Lawsuit
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Kessler Topaz Meltzer & Check, LLP has announced a securities class action lawsuit against Newmont Corporation for allegedly making false statements about its business operations between February 22, 2024, and October 23, 2024. The lawsuit claims Newmont misrepresented its gold production capabilities, operating costs, and overall business prospects. Investors have until April 1, 2025, to seek lead plaintiff status.
March 26, 2025 | 7:00 pm
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NEGATIVE IMPACT
The class action lawsuit could negatively impact Newmont's stock price by raising concerns about the company's transparency and financial reporting.
The lawsuit alleges serious misrepresentations about gold production and operating costs, which could damage investor confidence and potentially lead to financial penalties or settlements.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100