Levi & Korsinsky Reminds Newmont Corporation Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 1, 2025 - NEM
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Levi & Korsinsky law firm has filed a class action securities lawsuit against Newmont Corporation, alleging securities fraud between February 22 and October 23, 2024. The lawsuit stems from Newmont's press release revealing disappointing Q3 EBITDA, lower production, and higher operating costs at two Tier 1 assets. Following the announcement, Newmont's stock price dropped from $57.74 to $49.25 per share.
March 27, 2025 | 11:45 am
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The class action lawsuit alleges securities fraud related to Q3 2024 financial performance, potentially impacting investor confidence and stock valuation.
The lawsuit directly targets Newmont, alleging misleading financial communications that caused significant stock price decline. Legal proceedings could negatively impact investor sentiment and stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100