Glancy Prongay & Murray Commences Investigation on Behalf of Freeport-McMoRan Inc. Investors

LOS ANGELES--(BUSINESS WIRE)--

Glancy Prongay & Murray LLP ("GPM") is investigating potential claims on behalf of investors of Freeport-McMoRan Inc. ("Freeport-McMoRan" or the "Company") FCX concerning the Company and its officers possible violations of federal securities laws.

On January 19, 2016, following an investigation concerning allegations of corruption and bribery between the Company and government officials to secure lucrative mining rights, the chief executive officer of the Company's Indonesian unit, Maroef Sjamsuddin, stepped down. This news came less than a month after the chairman of Freeport-McMoRan resigned allegedly due to similar charges. Following these news reports, shares of the Company's stock fell in value, thereby damaging investors.

If you purchased Freeport-McMoRan securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

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