Law Firm Investigates Freeport-McMoRan Investors’ Claims
Investors in Freeport-McMoRan Inc. are being encouraged to explore potential legal options following a significant decline in the company’s stock price linked to safety concerns at its Grasberg Block Cave operation in Indonesia. The national securities law firm, Faruqi & Faruqi, LLP, is investigating claims on behalf of affected investors and has set a deadline of January 12, 2026, for individuals wishing to serve as lead plaintiffs in a federal securities class action.
The investigation comes after Freeport disclosed on September 9, 2025, that it had suspended mining activities at the Grasberg Block Cave due to an incident involving the entrapment of seven workers. Following this announcement, Freeport’s share price dropped by $2.77, or 5.9%, closing at $43.89 per share. The situation worsened on September 24, 2025, when the company reported that two of the trapped workers had died, and efforts to locate the remaining five were ongoing. As a result, Freeport’s stock fell further by $7.69, or 17%, closing at $37.67.
The allegations against Freeport and its executives center on violations of federal securities laws, which include making misleading statements and failing to disclose safety issues at the Grasberg mine. The complaint outlines that Freeport did not sufficiently ensure safety measures, exposing workers to heightened risks which were not communicated to investors. As stated in the complaint, the lack of proper safety precautions could foreseeably lead to worker fatalities, significantly impacting Freeport’s reputation and financial stability.
The firm’s partner, James (Josh) Wilson, has expressed a strong call to action for investors who suffered losses during the period between February 15, 2022, and September 24, 2025. He invites those affected to reach out directly to discuss their legal rights and options. Interested parties can contact him at 877-247-4292 or 212-983-9330 (Ext. 1310).
The ongoing investigation highlights the importance of addressing safety concerns in mining operations, especially in regions like Indonesia, where regulatory scrutiny is intensifying. Following the incident, media reports have raised questions about Freeport’s relationship with the Indonesian government, particularly as officials seek greater control over mining operations in the country. An article published on September 25, 2025, by Bloomberg noted that the halt in production at the Grasberg mine could exacerbate tensions between Freeport and its host nation.
Furthermore, an article by an Indonesian news organization on September 28, 2025, featured an expert stating that the landslide at the mine was preventable and should have been anticipated by Freeport’s management. This commentary adds to the concerns regarding the company’s operational oversight and risk management practices.
Faruqi & Faruqi, LLP, which has a robust track record of securing recoveries for investors since its establishment in 1995, is now seeking information from individuals who may have insights into Freeport’s conduct, including whistleblowers and former employees.
For more information regarding the Freeport-McMoRan class action, interested individuals are encouraged to visit www.faruqilaw.com/FCX or reach out to Josh Wilson directly. The firm emphasizes that participation in the class action does not require one to serve as a lead plaintiff, and any decision to do so will not affect an individual’s ability to share in any recovery.
As this situation evolves, updates will be shared through various platforms, including LinkedIn and Facebook. Faruqi & Faruqi, LLP remains committed to advocating for the rights of investors while ensuring that communications regarding their cases remain confidential.
