NEM CLASS ACTION ALERT: Kessler Topaz Meltzer & Check, LLP Reminds Newmont Corporation Shareholders of Securities Fraud Class Action Lawsuit
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Kessler Topaz Meltzer & Check, LLP has filed a securities class action lawsuit against Newmont Corporation for allegedly making false and misleading 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 29, 2025 | 1:15 am
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The securities fraud lawsuit could negatively impact Newmont's stock price by raising concerns about the company's transparency and financial reporting.
The lawsuit alleges serious misconduct in financial reporting, which could lead to potential financial penalties, reputational damage, and investor loss of confidence. This typically results in short-term stock price pressure.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100