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 Freeport-McMoRan 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, the chief executive officer of the Company’s
Indonesian unit, 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, 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.
CONTACT:
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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