Freeport-McMoRan Investors Urged to Seek Lead Plaintiff Status in Grasberg Safety Disclosure Suit by Jan. 12

Overview

• Investors have until January 12, 2026 to move for court appointment as lead plaintiff in a securities class action covering February 15, 2022 through September 24, 2025.
• The complaints allege Freeport failed to adequately ensure safety at the Grasberg Block Cave mine, creating undisclosed regulatory, litigation and reputational risks and rendering company statements misleading.
• Notices recount Freeport’s disclosures that on September 9, 2025 a ‘large flow of wet material’ trapped seven workers, and that on September 24 the company reported two fatalities with five still missing.
• Plaintiff filings cite share-price drops of about 5.9% on September 9, 17% on September 24, and 6.2% on September 25 following related reports and updates.
• Multiple firms—including Levi & Korsinsky, Faruqi & Faruqi, the Law Offices of Howard G. Smith, and Rosen Law Firm—are soliciting FCX shareholders to participate, and no class has been certified.