Freeport-McMoRan Faces Class Action Over Alleged Securities Fraud
A class action lawsuit has been filed against Freeport-McMoRan Inc. for alleged securities fraud, claiming the company made false statements and concealed safety issues at the Grasberg Block Cave mine in Indonesia. This allegedly led to undisclosed risks, making public statements misleading. The lawsuit covers investor losses from February 15, 2022, to September 24, 2025.
A class action lawsuit has been filed against Freeport-McMoRan Inc. on behalf of investors who suffered losses between February 15, 2022, and September 24, 2025. The complaint alleges that the company made false statements and concealed critical safety issues at the Grasberg Block Cave mine in Indonesia, including inadequate safety measures that posed a heightened risk to workers. The lawsuit claims that this led to undisclosed regulatory, litigation, and reputational risks, rendering Freeport-McMoRan’s public statements about its business and prospects materially false or misleading during the relevant period. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Freeport-McMoRan Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1119003) on December 18, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
