Governance & Derivative
Freeport-McMoRan Inc. (NYSE: FCX)
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Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Freeport-McMoRan Inc. (NYSE: FCX) (“Freeport” or the “Company”).
On September 24, 2025, the Company issued a press release entitled “Freeport Provides Update on PT Freeport Indonesia Operations” disclosing “an update on the status of the previously reported mud rush incident at the Grasberg Block Cave mine (GBC) in Indonesia…[o]n September 20, 2025, PT Freeport Indonesia (PTFI) located two team members who were regrettably fatally injured in the September 8th incident.”
Thereafter, the Company and certain of its executives were sued in a securities class action lawsuit, charging them with failing to disclose material information during the Class Period in violation of federal securities laws, which remains ongoing.
KSF’s investigation is focusing on whether Freeport’s officers and/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws.
If you have information that would assist KSF in its investigation, or have been a long-term holder of Freeport shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at (833) 938-0905 or email KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com), or fill out the form on this page.