Core Viewpoint - The Freeport-McMoRan Inc. is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, with claims related to safety issues at its Grasberg mine in Indonesia and subsequent operational impacts [1][3][4]. Group 1: Class Action Details - Purchasers of Freeport-McMoRan securities between February 15, 2022, and September 24, 2025, can seek appointment as lead plaintiff by January 12, 2026 [1]. - The lawsuit is titled Reed v. Freeport-McMoRan Inc., No. 25-cv-04243 (D. Ariz.) [1]. - The allegations include failure to ensure safety at the Grasberg Block Cave mine, leading to heightened risks for workers [3]. Group 2: Incident and Stock Impact - On September 9, 2025, Freeport-McMoRan reported a significant incident at the Grasberg mine, resulting in a nearly 6% drop in stock price [4]. - Following the incident, on September 24, 2025, it was disclosed that two team members were fatally injured, and production estimates for 2026 could be approximately 35% lower than previously expected, causing a nearly 17% decline in stock price [5]. - An article published on September 25, 2025, highlighted potential strains in Freeport-McMoRan's relationship with the Indonesian government, leading to an additional stock price drop of over 6% [6]. Group 3: Legal Process and Firm Background - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Freeport-McMoRan securities during the Class Period to seek lead plaintiff status [7]. - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud litigation, having recovered over $2.5 billion for investors in 2024 alone [8].

Core Insights - The One Big Beautiful Bill Act, signed into law on July 4, will significantly impact markets starting in January, particularly benefiting cyclical sectors outside of tech and AI [1][2] - Société Générale's chief US equity strategist, Manish Kabra, has identified 30 stocks that are expected to benefit from the tax and regulatory breaks provided by the bill, focusing on financials, industrials, and consumer cyclicals [2] Beneficiary Sectors - Key sectors poised for growth include defense, small-caps, consumer, and energy, as they are expected to receive a boost from the new tax and regulatory policies [2] - The average forward price-to-earnings ratio for the identified stocks is 17x, with an expected earnings-per-share growth of 15% in 2026 and 2027 [3] Defense Beneficiaries - General Dynamics Corp (GD): Positioned for defense modernization funding [6] - L3Harris Technologies Inc (LHX): Benefits from investment in advanced systems [6] - Northrop Grumman Corp (NOC): Well-placed for missile defense and space programs [6] - Huntington Ingalls Industries (HII): Supported by naval modernization initiatives [6] Capex Incentive Beneficiaries - United Rentals Inc (URI): Set to gain from increased construction activity [6] - Jacobs Solutions Inc (J): Benefits from infrastructure upgrades and industrial investment incentives [6] - Trimble Inc (TRMB): Aligned with manufacturing investment push [6] - Caterpillar Inc (CAT): Benefits from accelerated depreciation and domestic production incentives [6] - Cummins Inc (CMI): Supported by R&D expensing and industrial investment [6] - Deere & Co (DE): Gains from capex incentives and domestic manufacturing support [6] - Nucor Corp (NUE): Benefits from industrial base expansion and construction demand [6] - Freeport-McMoRan Inc (FCX): Critical supplier for electrification and infrastructure projects [6] - Duke Energy Corp (DUK): Positioned for grid modernization under capex policies [7]

Core Insights - Financial institutions are showing a bullish sentiment towards Freeport-McMoRan, with 65% of traders being bullish and only 15% bearish, indicating strong market confidence in the stock [1] - The expected price range for Freeport-McMoRan over the last three months is between $20.0 and $55.0, suggesting a stable trading environment [2] - Recent options trading data indicates significant interest in call options, with a total value of $2,771,600 for calls compared to $126,403 for puts, further emphasizing bullish sentiment [1] Options Trading Analysis - The analysis of volume and open interest reveals that Freeport-McMoRan's options are actively traded, with notable whale activity observed within the strike price range of $20.0 to $55.0 over the last 30 days [3][4] - The largest options trades include multiple bullish call sweeps, with significant total trade prices such as $348.2K and $229.5K for calls with a strike price of $47.00 [7] Company Overview - Freeport-McMoRan is a leading copper miner, owning stakes in 10 copper mines, including a 49% stake in the Grasberg operations in Indonesia and a 55% stake in the Cerro Verde mine in Peru [8] - In 2024, Freeport-McMoRan sold approximately 1.2 million metric tons of copper and 900,000 ounces of gold, maintaining its position as one of the largest copper producers globally [8] - The company has about 25 years of copper reserves remaining and is expected to maintain similar copper sales midcycle in 2029, although gold production is anticipated to decline [8] Market Position and Analyst Ratings - Recent analyst ratings suggest a positive outlook for Freeport-McMoRan, with an average target price of $59.0 from two industry analysts [9] - JP Morgan maintains an Overweight rating with a price target of $58, while UBS holds a Buy rating with a target price of $60, reflecting confidence in the company's future performance [10]

Core Viewpoint - Class action lawsuits have been filed on behalf of shareholders of several publicly-traded companies, with specific allegations of misleading statements and undisclosed risks impacting their financial performance [1]. Company Summaries Freeport-McMoRan Inc. (NYSE: FCX) - Class Period: February 15, 2022 – September 24, 2025 - Allegations include failure to ensure safety at the Grasberg Block Cave mine, leading to heightened risks of worker fatalities and undisclosed regulatory and reputational risks [2]. Perrigo Company plc (NYSE: PRGO) - Class Period: February 27, 2023 – November 4, 2025 - Allegations focus on significant underinvestment in the infant formula business acquired from Nestlé, requiring substantial capital expenditures for remediation, and overstated financial results [3]. Jayud Global Logistics Limited (NASDAQ: JYD) - Class Period: April 21, 2023 – April 30, 2025 - Allegations include involvement in a fraudulent stock promotion scheme, insider trading activities, and misleading public statements regarding the company's operations and risks [4]. StubHub Holdings, Inc. (NYSE: STUB) - Class Period: September 14, 2025 – November 24, 2025 - Allegations pertain to changes in vendor payment timing adversely affecting free cash flow, leading to materially misleading financial reports [5].

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Freeport-McMoRan Inc. due to allegations of violations of federal securities laws related to safety issues at the Grasberg Block Cave mine in Indonesia, which resulted in significant investor losses [2][4]. Group 1: Legal Investigation and Class Action - The firm is reminding investors of the January 12, 2026 deadline to seek the role of lead plaintiff in a federal securities class action against Freeport [2]. - The complaint alleges that Freeport and its executives made false or misleading statements regarding safety measures at the Grasberg mine, which led to increased risks for workers [4]. - Investors who purchased Freeport securities between February 15, 2022, and September 24, 2025, are encouraged to discuss their legal rights with the firm [1]. Group 2: Incident and Stock Price Impact - On September 9, 2025, Freeport suspended mining activities at the Grasberg mine after an incident trapped seven workers, causing the stock price to drop by $2.77, or 5.9%, closing at $43.89 per share [5]. - Following an update on September 24, 2025, revealing two fatalities among the trapped workers, Freeport's stock price fell by $7.69, or 17%, closing at $37.67 per share [6]. - An article published on September 25, 2025, highlighted potential strains in Freeport's relationship with the Indonesian government due to the halt in production, leading to a further stock price decline of $2.33, or 6.2%, closing at $35.34 [7][8]. Group 3: Safety Concerns and Expert Opinions - An expert stated that the landslide incident at the Grasberg mine was preventable and should have been anticipated, raising concerns about Freeport's safety protocols [8]. - The investigation seeks information from whistleblowers, former employees, and shareholders regarding Freeport's conduct [9].

Core Points - A class action securities lawsuit has been filed against Freeport-McMoRan Inc. for alleged securities fraud affecting investors between February 15, 2022, and September 24, 2025 [1][2] - The lawsuit claims that Freeport failed to ensure safety at the Grasberg Block Cave mine in Indonesia, leading to increased risks for workers and potential regulatory and reputational consequences [2] - Investors who suffered losses during the specified period have until January 12, 2026, to request to be appointed as lead plaintiff, with no costs required to participate in the lawsuit [3] Company Details - The complaint alleges that Freeport's statements regarding its business operations and prospects were materially false and misleading due to undisclosed safety risks [2] - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [4]

Core Insights - Two stocks in the materials sector are signaling potential warnings for momentum-focused investors as of December 19, 2025 [1] Group 1: Stock Performance - Freeport-McMoRan Inc (NYSE:FCX) has seen its stock price increase by approximately 16% over the past month, reaching a 52-week high of $49.12 [5] - Alcoa Corp (NYSE:AA) experienced a stock price increase of around 31% in the last month, with a 52-week high of $48.73 [5] Group 2: Analyst Ratings and Price Targets - UBS analyst Daniel Major maintained a Buy rating for Freeport-McMoRan and raised the price target from $55 to $60 [5] - Alcoa received a Neutral rating from UBS, with the price target increased from $42 to $48 [5] Group 3: Momentum Indicators - Freeport-McMoRan has an RSI value of 71.3, indicating it may be overbought [5] - Alcoa has a higher RSI value of 72.8, also suggesting it may be overbought [5]

Core Viewpoint - A class action securities lawsuit has been filed against Freeport-McMoRan Inc. alleging securities fraud that affected investors between February 15, 2022, and September 24, 2025 [1][2]. Group 1: Allegations - The lawsuit claims that Freeport-McMoRan did not ensure adequate safety at the Grasberg Block Cave mine in Indonesia [2]. - It is alleged that the lack of proper safety measures posed a heightened risk that could foreseeably lead to worker fatalities [2]. - The complaint states that this situation created undisclosed risks related to regulatory, litigation, and reputational issues [2]. - As a result, statements made by the defendants regarding Freeport-McMoRan's business, operations, and prospects were materially false and misleading [2]. Group 2: Legal Process - Investors who suffered losses during the specified timeframe have until January 12, 2026, to request to be appointed as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff to share in any potential recovery [3]. - Class members may be entitled to compensation without incurring any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4].

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Freeport-McMoRan Inc. regarding a class action lawsuit alleging that the company made materially false and misleading statements related to safety practices at its Grasberg Block Cave mine in Indonesia [1]. Group 1: Allegations - The complaint alleges that Freeport-McMoRan did not adequately ensure safety at the Grasberg Block Cave mine [1]. - It is claimed that the lack of proper safety precautions posed a heightened risk that could foreseeably lead to worker fatalities [1]. - The allegations include that this situation constituted an undisclosed heightened risk of regulatory, litigation, and reputational issues [1]. - As a result, the defendants' statements about Freeport-McMoRan's business, operations, and prospects were materially false and misleading or lacked a reasonable basis [1]. Group 2: Class Action Details - The class period for the lawsuit is from February 15, 2022, to September 24, 2025 [1]. - Shareholders are encouraged to register for the class action by January 12, 2026, to potentially be appointed as lead plaintiffs [2]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive status updates throughout the case [2]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered due to deceit, fraud, and illegal business practices [3]. - The firm aims to ensure that companies adhere to responsible business practices and engage in good corporate citizenship [3].

Core Viewpoint - The Freeport-McMoRan Inc. class action lawsuit alleges violations of the Securities Exchange Act of 1934, focusing on safety issues at the Grasberg mine and the subsequent impact on stock prices due to disclosures of incidents and regulatory risks [1][3][4]. Group 1: Class Action Details - The class action lawsuit is titled Reed v. Freeport-McMoRan Inc., and it allows purchasers of Freeport-McMoRan securities between February 15, 2022, and September 24, 2025, to seek appointment as lead plaintiff by January 12, 2026 [1][7]. - The lawsuit claims that Freeport-McMoRan and its executives made misleading statements regarding safety measures at the Grasberg Block Cave mine, which could foreseeably lead to worker fatalities and increased regulatory and reputational risks [3][4]. Group 2: Incident Disclosures and Stock Impact - On September 9, 2025, Freeport-McMoRan reported a significant incident at the Grasberg mine, leading to a nearly 6% drop in stock price due to the temporary suspension of mining operations for safety evacuations [4][5]. - Following a tragic incident on September 24, 2025, where two team members were fatally injured, the company disclosed that production in 2026 could be approximately 35% lower than pre-incident estimates, resulting in a nearly 17% decline in stock price [5][6]. - An article published on September 25, 2025, highlighted the potential strain on Freeport-McMoRan's relationship with the Indonesian government due to the production halt, causing an additional stock price drop of over 6% [6]. Group 3: Company Background - Freeport-McMoRan is engaged in mining mineral properties across North America, South America, and Indonesia, with significant operations at the Grasberg Copper and Gold Mine in Papua, Indonesia [2].