SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Freeport-McMoRan Inc. of Class Action Lawsuit and a Lead Pl...
January 27 2016 - 3:08PM
The following statement is being issued by Levi & Korsinsky,
LLP:
To: All persons or entities who
purchased or otherwise acquired securities of
Freeport-McMoRan Inc. (“Freeport-McMoRan”)
(NYSE:FCX) between February 27, 2015 and January 15,
2016.
You are hereby notified that a
securities class action lawsuit has been commenced in the USDC for
the District of Arizona. If you purchased or otherwise acquired
GoPro securities between February 27, 2015 and January 15, 2016,
your rights may be affected by this action. To get more information
go to:
http://zlk.9nl.com/freeport.
The complaint alleges that throughout the Class
Period, defendants made materially false and misleading statements
and/or failed to disclose that: (i) Sjamsuddin had discussed, with
senior officials in the Indonesian government, bribing Indonesian
government officials in return for an extension of Freeport’s right
to operate in the country; (ii) that Freeport had violated the
Foreign Corrupt Practices Act (“FCPA”); and (iii) as a result of
the foregoing, Freeport’s public statements were materially false
and misleading at all relevant times.
On January 19, 2016, the chief executive officer
of the Company’s Indonesian unit, Maroef Sjamsuddin, resigned, less
than a month after the chairman of Freeport-McMoRan resigned.
If you suffered a loss in
Freeport-McMoRan you have until March 28, 2016 to request
that the Court appoint you as lead plaintiff. Your ability to share
in any recovery doesn’t require that you serve as a lead plaintiff.
To obtain additional information, contact Joseph E. Levi, Esq.
either via email at jlevi@zlk.com or by telephone at (212)
363-7500, toll-free: (877) 363-5972, or visit
http://zlk.9nl.com/freeport.
Levi & Korsinsky is a national firm with
offices in New York, New Jersey, California, Connecticut, and
Washington D.C. The firm’s attorneys have extensive expertise and
experience representing investors in securities litigation
involving financial fraud, and have recovered hundreds of millions
of dollars for aggrieved shareholders. Attorney advertising. Prior
results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
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