Levi & Korsinsky Alerts Newmont Corporation Investors of Class Action Lawsuit
Investors who have purchased shares of Newmont Corporation (NEM) have been alerted to a class action lawsuit by Levi & Korsinsky. The lawsuit concerns alleged violations of federal securities laws and is scheduled to take place on May 11, 2021. Levi & Korsinsky, a national securities litigation firm, announced the lawsuit on behalf of shareholders who bought Newmont Corporation’s stock between February 16, 2020, and February 10, 2021.
The lawsuit accuses Newmont Corporation and its executives of making misleading statements and failing to disclose important information to investors. Specifically, the lawsuit alleges that Newmont Corporation made false and/or misleading statements and/or failed to disclose that the Company’s experienced mining operations experienced disruptions caused by geotechnical issues at its Musselwhite mine in Canada. The lawsuit also claims that the Company’s Ahafo Mill Expansion in Ghana faced significant delays due to technical problems.
Furthermore, the lawsuit alleges that the Company did not have the proper maintenance or safety standards in place at its operations, and as a result, Newmont Corporation faced financial and operational risks that were not disclosed to investors. The lawsuit asserts that these undisclosed risks caused Newmont Corporation’s stock price to decline significantly, resulting in losses for shareholders who purchased the stock during the specified time period.
Investors who suffered losses due to their investments in Newmont Corporation are encouraged to contact Levi & Korsinsky to learn more about their legal rights and options. The law firm is available to provide information on how shareholders can participate in the upcoming class action lawsuit and seek to recover their losses.
Levi & Korsinsky is a well-known law firm specializing in securities litigation and shareholder rights cases. The firm has a successful track record of representing investors in class action lawsuits against companies that violate federal securities laws. Levi & Korsinsky is committed to holding corporations accountable for their actions and seeking justice for shareholders who have been harmed by deceptive practices. Investors who believe they have been affected by Newmont Corporation’s alleged misconduct are encouraged to contact Levi & Korsinsky to discuss their legal options.
If you purchased Newmont Corporation stock during the specified time period and have suffered financial losses as a result, you may be eligible to participate in the class action lawsuit against the Company. By seeking legal representation from Levi & Korsinsky, you can join other shareholders in holding Newmont Corporation accountable for its alleged violations of federal securities laws and work towards recovering your losses. Contact Levi & Korsinsky today to learn more about the class action lawsuit and your legal rights as an investor in Newmont Corporation.
