Freeport-McMoRan shareholders have an opportunity to recover their investment losses.
Rosen Law Firm announces the filing of a securities class action lawsuit on behalf of purchasers of Freeport-McMoRan Inc. securities (NYSE: FCX) from February 27, 2015 through January 15, 2016, all dates inclusive (the “Class Period”), resulting from allegations that Freeport-McMoRan may have issued materially misleading business information to the investing public.
If you purchased Freeport-McMoRan stock from February 27, 2015 through January 15, 2016 and would like to join the action, please click "Join This Class Action" above.
New York, N.Y., January 26, 2016. Rosen Law Firm, a global investor rights law firm, announces that a class action lawsuit has been filed on behalf of purchasers of Freeport-McMoRan Inc. securities (NYSE: FCX) from February 27, 2015 through January 15, 2016, all dates inclusive (the “Class Period”). The lawsuit seeks to recover damages for Freeport investors under the federal securities laws.
To join the Freeport class action, go to the firm’s website at http://www.rosenlegal.com/cases-823.html or call Phillip Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or kchan@rosenlegal.com for information on the class action.
According to the lawsuit, defendants throughout the Class Period issued materially false and misleading statements to investors and/or failed to disclose that: (1) Maroef Sjamsuddin, head of Freeport Indonesia, discussed bribing Indonesian government officials in return for an extension of Freeport’s right to operate in the country with senior Indonesian government officials; (2) Freeport violated the Foreign Corrupt Practices Act (“FCPA”); and (3) as a result, Freeport’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 28, 2016. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to the firm’s website at http://www.rosenlegal.com/cases-823.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. or Kevin Chan, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.