Freeport-McMoRan Sued Over Alleged Mine Safety Cover-Up

In a significant development that has captured the attention of investors, Freeport-McMoRan Inc. is facing a class action lawsuit over allegations of securities fraud. The lawsuit, which spans a period from February 15, 2022, to September 24, 2025, seeks to recover losses for shareholders who claim they were misled by the company’s statements. At the heart of the complaint are accusations that Freeport-McMoRan failed to ensure adequate safety measures at its Grasberg Block Cave mine in Indonesia. This alleged oversight is said to have posed a serious risk to workers’ safety, potentially leading to fatal consequences. Furthermore, the company is accused of not disclosing the heightened regulatory, litigation, and reputational risks associated with these safety issues. As a result, the lawsuit argues that Freeport-McMoRan’s public statements about its operations and future prospects were misleading and lacked a reasonable basis. For those who have suffered financial losses during the specified period, there is an opportunity to seek recovery. Interested investors can visit the link provided to learn more about their rights, with no cost or obligation to participate. Leading the charge in this legal battle is Levi & Korsinsky LLP, a renowned firm with a strong track record in securities litigation. With over 20 years of experience, the firm has successfully secured substantial recoveries for shareholders and is recognized as one of the top securities litigation firms in the United States. If you believe you have been affected, now is the time to act and explore your options for recovery.