Core Viewpoint - A securities class action lawsuit has been filed against Newmont Corporation for allegedly making false and misleading statements regarding its business operations and financial prospects during the specified Class Period from February 22, 2024, to October 23, 2024 [1]. Group 1: Allegations Against Newmont - The lawsuit claims that Newmont failed to disclose material adverse facts about its business, including its inability to increase gold production at key operations such as Lihir and Brucejack [3]. - It is alleged that Newmont experienced higher operating costs across its mining operations, which were not disclosed to investors [3]. - The statements made by Newmont regarding its business and operational prospects were deemed materially false and misleading, lacking a reasonable basis throughout the Class Period [3]. Group 2: Legal Process for Investors - Investors in Newmont have until April 1, 2025, to seek appointment as lead plaintiff in the class action, representing the interests of all class members [4]. - A lead plaintiff is typically an investor or a small group of investors with the largest financial interest in the case, who will direct the litigation and select counsel [4]. - Participation as a lead plaintiff does not affect an investor's ability to share in any potential recovery from the lawsuit [4]. Group 3: Law Firm Information - Kessler Topaz Meltzer & Check, LLP is the law firm handling the class action and encourages affected Newmont investors to reach out for more information [5]. - The firm has a reputation for prosecuting class actions and has recovered billions for victims of corporate misconduct [5].
Kessler Topaz Meltzer & Check, LLP Reminds Newmont Corporation Investors of Important Deadline in Securities Fraud Class Action Lawsuit