Freeport-McMoRan Inc. press release
Securities Fraud Investigation Into Freeport-McMoran Inc. (FCX) Announced - Shareholders Who Lost Money Urged to Contact The Law Offices of Frank R. Cruz
NYSE - New York Stock Exchange · Copper · Gold · Molybdenum · United States
Securities Fraud Investigation Into Freeport-McMoran Inc. (FCX) Announced – Shareholders Who Lost Money Urged to Contact The Law Offices of Frank R. Cruz
The Law Offices of Frank R. Cruz announces an investigation of Freeport-McMoran Inc. (“Freeport” or the “Company”) (NYSE: FCX ) on behalf of investors concerning the Company’s possible violations of federal securities laws.
IF YOU ARE AN INVESTOR WHO LOST MONEY ON FREEPORT-MCMORAN INC. (FCX), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.
What Is the Investigation About?
On September 9, 2025, Freeport disclosed it was suspending mining activities at its Grasberg Block Cave operation in Indonesia, after “a large flow of wet material” trapped seven workers.
On this news, Freeport’s stock price fell $2.77, or 5.9%, to close at $43.89 per share on September 9, 2025, thereby injuring investors.
Then, on September 24, 2025, Freeport provided an update on the incident, disclosing that two of the trapped team members “were regrettably fatally injured[.]” Meanwhile, “extensive efforts” remained “ongoing in the search for [the five] team members who [remained] missing.”
On this news, Freeport’s stock price fell $7.69, or 17%, to close at $37.67 per share on September 24, 2025.
Then, on September 25, 2025, before market hours, Bloomberg published an article stating that the “halt in production at the giant Grasberg copper mine in Indonesia looks set to strain the fractious relationship between [Freeport] and its host nation, at a time when the Jakarta government was already looking to take greater control.” The article specified that “[the] state controls 51% of the local entity – after a lengthy battle over ownership – but officials have sporadically continued to demand an increased share. That clamor may now intensify.”
On this news, Freeport’s stock price fell $2.33, or 6.2%, to close at $35.34 on September 25, 2025, thereby injuring investors further.
On September 28, 2025, a news organization focusing on Indonesia, published an article entitled “Freeport Landslide was Preventable, Not Just a Natural Disaster, Says Expert.” The article quoted an expert as saying “this danger is not new and should have been anticipated from the beginning[.]”
Contact Us to Participate or Learn More:
If you purchased Freeport securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
The Law Offices of Frank R. Cruz 2121 Avenue of the Stars, Suite 800 Century City, California 90067 Call us at: 310-914-5007 Email us at: info@frankcruzlaw.com Visit our website at: www.frankcruzlaw.com . Follow us for updates on Twitter at twitter.com/FRC_LAW .
If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20251113921996/en/
The Law Offices of Frank R. Cruz, Los Angeles Frank R. Cruz 310-914-5007 fcruz@frankcruzlaw.com www.frankcruzlaw.com
Earlier from Freeport-McMoRan Inc.
- ROSEN, THE FIRST FILING FIRM, Encourages Freeport-McMoRan Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - FCX
- FCX INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Freeport-McMoRan Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
- FCX SHAREHOLDER ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Freeport-McMoRan Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!