Press release
Freeport-McMoRan Inc. (NYSE: FCX) Long Term Investor Alert: Investigation of potential Wrongdoing

An investigation on behalf of current long term investors in Freeport-McMoRan Inc. (NYSE: FCX) shares.
Investors who are current long term investors in Freeport-McMoRan Inc. (NYSE: FCX) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NYSE: FCX stocks follows a lawsuit filed against Freeport-McMoRan Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: FCX stocks, concerns whether certain Freeport-McMoRan Inc. directors are liable in connection with the allegations made in that lawsuit.
Phoenix, AZ based Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. Freeport-McMoRan Inc. (NYSE: FCX) reported that its annual Total Revenue rose from over $22.85 billion in 2023 to over $25.45 billion in 2024, and that its Net Income rose from $1,84 billion in 2023 to $188 billion in 2024.
On September 9, 2025, Freeport-McMoRan Inc disclosed it was suspending mining activities at its Grasberg Block Cave operation in Indonesia, after "a large flow of wet material" trapped seven workers.
Then, on September 24, 2025, Freeport-McMoRan Inc 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."
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 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[.]"
Shares of Freeport-McMoRan Inc. (NYSE: FCX) declined from $55.24 per share on May 20, 2024, to as $35.15 per share on September 25, 2025.
According to that complaint filed in the U.S. District Court for the District of Arizona the plaintiff alleges that defendants made false and/or misleading statements and/or failed to disclose that: (1) Freeport did not adequately ensure safety at the Grasberg Block Cave mine in Indonesia; (2) the lack of proper safety precautions constituted a heightened risk that could foreseeably lead to the death of Freeport's workers; (3) this constituted an undisclosed heightened risk of regulatory, litigation, and reputational risk; and (4) as a result, defendants statements about Freeport-McMoRan's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Those who purchased shares of Freeport-McMoRan Inc. (NYSE: FCX) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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