An investigation for investors in NYSE:NEM shares was announced over potential violations of securities laws by Newmont Mining and certain of its directors and officers.
Investors who purchased shares of Newmont Mining Corp (NYSE:NEM), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Newmont Mining Corp (NYSE:NEM) concerning whether a series of statements by Newmont Mining regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Greenwood Village, CO based Newmont Mining Corporation is a global mining company, which is focused on the production of and exploration for gold and copper. On April 20, 2016, Newmont Mining Corp filed its quarterly statement with the SEC for the three months that ended on March 31, 2016. Newmont Mining Corp said that it is conducting a review of its compliance with the Foreign Corrupt Practices Act. Specifically, Newmont Mining Corp stated that it is conducting an investigation, with the assistance of outside counsel, relating to certain business activities of the Company and its affiliates and contractors in countries outside of the United States and that the investigation includes a review of compliance with the requirements of the U.S. Foreign Corrupt Practices Act and other applicable laws and regulations.
Newmont Mining Corp also said that in March 2016, Newmont Mining Corp entered into a one-year agreement with the U.S. Securities and Exchange Commission tolling the statute of limitations relating to the investigation, and recently entered into a similar agreement with the U.S. Department of Justice.
Shares of Newmont Mining Corp (NYSE:NEM) closed on May 2, 2016 at $34.34 per share.
Those who purchased NYSE:NEM shares have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com