Deadline Nears for Freeport-McMoRan Investors in Suit Over Grasberg Safety Disclosures

Overview

• The complaint contends Freeport made misleading statements about safety at the Grasberg Block Cave mine and related regulatory, litigation, and reputational risks.
• The alleged class period runs from February 15, 2022 through September 24, 2025, according to multiple investor notices.
• Freeport reported on September 9, 2025 that a wet-material flow trapped seven workers at Grasberg, then disclosed on September 24 that two had died as search efforts for five continued.
• FCX shares fell 5.9% on September 9, 17% on September 24, and 6.2% on September 25 following company updates and media reports that heightened investor concern.
• Faruqi & Faruqi, The Law Offices of Frank R. Cruz, and The Gross Law Firm have issued calls for shareholders to contact them regarding potential lead-plaintiff motions.