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 2024 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 30, 2025 | 8:30 pm
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The class action lawsuit alleges securities fraud related to Newmont's Q3 2024 financial disclosures, which could potentially impact investor sentiment and stock performance.
The lawsuit directly targets Newmont, alleging misleading financial communications that caused stock price decline. Legal proceedings could negatively impact investor confidence and stock valuation.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100