Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Newmont Mining Corporation (NYSE: NEM) violated securities laws in connection with certain financial statements.
The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Newmont Mining Corporation (NYSE: NEM) concerning whether a series of statements by Newmont Mining Corporation regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On April 20, 2016, Newmont Mining Corporation stated the following in the Form 10-Q: "We occasionally identify or are apprised of information or allegations that certain employees, affiliates, agents or associated persons may have engaged in unlawful conduct for which we might be held responsible. We are 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. The investigation includes a review of compliance with the requirements of the U.S. Foreign Corrupt Practices Act and other applicable laws and regulations. The Company is working with the U.S. Securities and Exchange Commission and the U.S. Department of Justice with respect to the investigation. In March 2016, the Company 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. As of the filing of these financial statements, we cannot predict the outcome of these matters. Accordingly, no provision with respect to these matters has been made in our consolidated financial statements."
Based in Greenwood Village, Colorado, and founded in 1916 Newmont Mining Corporation is engaged in the mining industry.
If you purchased shares of Newmont Mining Corporation (NYSE: NEM) on or before April 20, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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