COMPANY |
Newmont Corporation |
COURT |
United States District Court for the District of Colorado |
CASE NUMBER |
1:25-cv-00341 |
JUDGE |
The Hon. Daniel D. Domenico |
CLASS PERIOD |
July 24, 2024 through October 23, 2024 |
SECURITY TYPE |
Securities |
Case Background:
This is a class action lawsuit filed 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 the company’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 the company’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 July 14, 2025, Lead Plaintiffs filed the Amended Complaint. This action is ongoing.
If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, 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.