SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Freeport-McMoRan Inc. (FCX)

20 Jan, 2016, 10:08 ET from Bronstein, Gewirtz & Grossman, LLC

NEW YORK, Jan. 20, 2016 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of Freeport-McMoRan Inc. ("Freeport-McMoRan" or "the Company") (NYSE: FCX). Such investors are advised to contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz at info@bgandg.com or 212-697-6484.

This investigation concerns whether Freeport-McMoRan and certain of its officers and/or directors have violated the Federal Securities Laws under the Securities Exchange Act of 1934 (the "Exchange Act"). 

On Tuesday, January 19, 2016, Freeport McMoRan's Indonesian unit's chief executive officer, Maroef Sjamsuddin, resigned, less than a month after the chairman of the U.S. mining giant stepped down. Reuters reported his resignation to be for "personal reasons". This new follows an inquiry into the Indonesian parliamentary speaker spearheaded by Sjamsuddin. The investigation ended up forcing the speaker to leave office in December 2015 amid corruption allegations. This matter is still being investigated by the attorney general's office.

Following this news, on January 19, 2016 during intraday trading, Freeport-McMoRan stock fell as much as $0.39 per share, or 8.97%, to $3.96, a new 5 year low.

If you are aware of any facts relating to this investigation, or purchased shares of Freeport-McMoRan, you can assist this investigation by visiting the firm's website: http://www.bgandg.com/#!fcx/g2t7h. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email info@bgandg.com.  Those who inquire by e-mail are encouraged to include their mailing address, email and telephone number.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration.   Attorney advertising. Prior results do not guarantee similar outcomes.

Contact: Bronstein, Gewirtz & Grossman, LLC Peretz Bronstein or Yael Hurwitz 212-697-6484 | info@bgandg.com

SOURCE Bronstein, Gewirtz & Grossman, LLC



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