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 a press release revealing disappointing third quarter EBITDA, lower production at Tier 1 assets, and increased operating costs. Following the announcement, NEM's stock price dropped from $57.74 to $49.25 per share.
March 26, 2025 | 8:30 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 alleges misleading financial disclosures that caused significant stock price decline, which could negatively impact investor sentiment and potentially lead to financial penalties.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100