Freeport-McMoRan Inc Securities Fraud Investigation
April 13, 2026
Shamis & Gentile, P.A. is investigating claims on behalf of investors of Freeport-McMoRan, Inc. (FCX). Impacted investors are advised to contact the firm now.
The investigation focuses on potential misrepresentations and omissions made by Freeport-McMoRan regarding the safety and operational risks at its Grasberg mine and the Company’s related production and financial outlook. Throughout the period from March 31, 2025, through September 9, 2025, Freeport-McMoRan issued a series of earnings releases and investor communications that appeared to highlight strong operational performance and minimized any material risks to ongoing production.
On September 9, 2025, Freeport-McMoRan announced that operations at the Grasberg mine were halted due to a large flow of wet material that trapped seven workers, who were initially described as “believed to be safe.” On September 24, 2025, the Company provided a further update confirming two worker fatalities, five still missing, a 4% to 6% cut to third-quarter sales for copper and gold, and an estimated 35% reduction in 2026 output.
On this news, Freeport-McMoRan’s stock price fell nearly $8 per share, or approximately 16%, to close at $37.67 on Sept. 24, 2025, erasing an estimated $500 million or more in market capitalization and causing substantial losses to investors.
If you purchased or otherwise acquired Freeport-McMoRan between March 31, 2025 and September 9, 2025, you may be eligible to seek compensation for your losses.
Shamis & Gentile, P.A. stands out as an advocate for investors who are victims of securities fraud. The firm is committed to securing recoveries for investors who have incurred damages due to false and misleading statements or other corporate misconduct by public companies. Shamis & Gentile has recovered over $1 billion for consumers nationwide. Its extensive experience, expertise and resources enable the firm to resolve disputes in a wide range of matters, including class actions, mass torts and mass arbitrations.
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