DEADLINE ALERT: Faruqi & Faruqi, LLP is investigating claims on behalf of investors in Freeport-McMoran. Securities Litigation Partner James (Josh) Wilson encourages investors who suffered losses to contact him directly to discuss their options. If you purchased or acquired securities in Freeport between February 15, 2022, and September 24, 2025, and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Faruqi & Faruqi, a leading national securities law firm, is investigating potential claims against Freeport-McMoran Inc. (NYSE: FCX) and reminds investors of the January 12, 2026, deadline to seek the role of lead plaintiff in a federal securities class action. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995 and is based in New York, Pennsylvania, California, and Georgia.
The complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that Freeport did not adequately ensure safety at the Grasberg Block Cave mine in Indonesia, which posed a heightened risk of death for workers. This lack of proper safety precautions also constituted an undisclosed heightened risk of regulatory, litigation, and reputational harm. As a result, the Defendants' statements about Freeport-McMoran's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis.
On September 9, 2025, Freeport disclosed the suspension of mining activities at its Grasberg Block Cave operation in Indonesia after a large flow of wet material trapped seven workers. Freeport's stock price fell $2.77, or 5.9%, to $43.89 per share on that day, injuring investors. On September 24, 2025, Freeport confirmed that two of the trapped team members had died, while the search for the remaining five continued. Freeport's stock price fell $7.69, or 17%, to $37.67 per share.
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 could strain the relationship between Freeport and its host nation, as the Jakarta government was already looking to take greater control. The article mentioned that the state controls 51% of the local entity but has sporadically demanded an increased share. On this news, Freeport's stock price fell $2.33, or 6.2%, further injuring investors.
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 that the danger was not new and should have been anticipated from the beginning.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members. Any member of the putative class may move the Court to serve as lead plaintiff or choose to remain an absent class member. Faruqi & Faruqi, LLP encourages anyone with information regarding Freeport's conduct to contact the firm, including whistleblowers, former employees, shareholders, and others.
To learn more about the Freeport-McMoran class action, visit www.faruqilaw.com/FCX or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). Follow Faruqi & Faruqi on LinkedIn, X, and Facebook for updates.
