Freeport-McMoRan Investors Face Jan. 12 Deadline in Securities Class Action

Overview

• Multiple plaintiff firms, including Levi & Korsinsky, Robbins Geller, and Rosen Law Firm, are notifying investors of the January 12, 2026 deadline to seek lead-plaintiff status.
• Filed as Reed v. Freeport-McMoRan Inc., No. 25-cv-04243, the lawsuit is pending in the U.S. District Court for the District of Arizona against the company and certain executives.
• The putative class period spans February 15, 2022 through September 24, 2025 for purchasers of Freeport securities.
• The complaint cites September 2025 disclosures about a wet-material flow at the Grasberg Block Cave, two confirmed fatalities, five missing workers, a temporary suspension of mining, and a potential 35% cut to 2026 PTFI output.
• According to the complaint, Freeport’s stock fell about 6% on September 9, nearly 17% on September 24, and more than 6% on September 25 after related reporting, and no class has been certified.