Freeport-McMoRan Faces Securities Fraud Lawsuit Over Safety Issues
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 10 2025
0mins
Source: PRnewswire
- Lawsuit Background: Freeport-McMoRan allegedly failed to disclose inadequate safety measures at its Grasberg Block Cave mine in Indonesia between February 15, 2022, and September 24, 2025, which could foreseeably lead to worker fatalities and increased regulatory and litigation risks.
- Investor Losses: Affected investors have the opportunity to join the class action lawsuit before the January 12, 2026 deadline, indicating that the company's safety management failures may erode investor confidence and negatively impact stock performance.
- Legal Implications: The lawsuit claims that the company's positive statements regarding its business and prospects were materially misleading, potentially exposing Freeport to heightened legal and reputational risks that could affect its future operations and market standing.
- Participation Opportunity: Investors who suffered losses are encouraged to contact the law firm for more information, highlighting that this case may draw increased attention to corporate governance and safety management issues within the company.
FCX
$51.92+Infinity%1D
Analyst Views on FCX
Wall Street analysts forecast FCX stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for FCX is 48.82 USD with a low forecast of 44.00 USD and a high forecast of 58.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
17 Analyst Rating
15 Buy
2 Hold
0 Sell
Strong Buy
Current: 51.900
Low
44.00
Averages
48.82
High
58.00
Current: 51.900
Low
44.00
Averages
48.82
High
58.00
About FCX
Freeport-McMoRan Inc. is an international metals company focused on copper. The Company operates geographically diverse assets with significant proven and probable mineral reserves of copper, gold and molybdenum. The Company's segments include the Morenci and Cerro Verde copper mines, the Indonesia operations (including the Grasberg minerals district and PT-FI’s downstream processing facilities), the Rod & Refining operations and Atlantic Copper Smelting & Refining. Its operations include North America, South America and Indonesia. In North America, it manages seven copper operations: Morenci, Bagdad, Safford (including Lone Star), Sierrita and Miami in Arizona, and Chino and Tyrone in New Mexico, and two molybdenum mines: Henderson and Climax in Colorado. It also operates a copper smelter in Miami, Arizona. In South America, it manages two copper operations: Cerro Verde in Peru and El Abra in Chile. In addition to copper, the Grasberg minerals district also produces gold and silver.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
