Newmont Corporation Sued for Securities Law Violations - Contact The Gross Law Firm Before April 1, 2025 to Discuss Your Rights - NEM
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The Gross Law Firm has initiated a securities class action lawsuit against Newmont Corporation (NEM) for alleged securities law violations. The lawsuit covers the period from February 22, 2024 to October 23, 2024, following a significant stock price drop after the company announced lower-than-expected production and higher operating costs for its Tier 1 mining assets.
March 27, 2025 | 10:00 am
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The lawsuit alleges that Newmont misled investors about its financial performance, leading to a stock price decline from $57.74 to $49.25 in one day after revealing production and cost challenges.
The lawsuit directly targets Newmont's financial disclosures, which could negatively impact investor sentiment and potentially lead to financial penalties or settlements.
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IMPORTANCE 85
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