Case Background:
This is a federal securities fraud class action lawsuit on behalf of those who purchased or otherwise acquired Newmont Corporation (“Newmont”) (NYSE: NEM) securities between July 24, 2024 and October 23, 2024, inclusive (the “Class Period”).
The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about Newmont’s business, operations, and prospects. Specifically, Defendants misrepresented and/or failed to disclose that: (1) Newmont was not able to deliver increased gold production at its Tier 1 operations, specifically, Lihir and Brucejack; (2) Newmont had higher operating costs throughout its mining operations; and (3) as a result, Defendants’ statements about Newmont’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Current Status of Case:
On September 12, 2025, Defendants filed a Motion to Dismiss the Amended Complaint. This action is ongoing.
If you wish to discuss this action or have any questions, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453; toll-free at (844) 887-9500; or via e-mail at info@ktmc.com. If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.