NEW YORK CITY, NY / ACCESS Newswire / January 20, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Newmont Corporation ("Newmont Corporation") (NYSE:NEM) concerning possible violations of federal securities laws.
On October 23, 2024, Newmont reported 3Q 2024 earnings that fell below expectations, as well as rising operational costs. Management attributed the increase in costs to contractor inflation and sustaining capital expenditures. Analysts expressed concern at the Company’s sudden change to its 2024 cost guidance.
Following this news, NEM’s stock price fell by $8.49 per share, or approximately 15% to close at $49.25 per share. To obtain additional information, go to:
https://zlk.com/pslra-1/newmont-corporation-lawsuit-submission-form?prid=123898&wire=1
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212)363-7500.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212)363-7500
Fax: (212)363-7171
https://zlk.com/
SOURCE: Levi & Korsinsky, LLP
View the original press release on ACCESS Newswire
COMTEX_462022933/2457/2025-01-20T11:00:41