CLF Investors Have Opportunity to Join Cleveland-Cliffs Inc. Fraud Investigation with the Schall Law Firm

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Cleveland-Cliffs Inc. (“Cleveland-Cliffs” or “the Company”) (NYSE: CLF) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Cleveland-Cliffs reported its financial results for Q1 2025 on May 7, 2025. The Company reported a larger than expected adjusted loss and an 11% year-over-year revenue decline. The Company also announced it will idle six steel plants on a full or partial basis. The Company’s CEO blamed its operational changes in part on underperforming non-care assets and lower index prices from late 2024. Based on this news, shares of Cleveland-Cliffs fell by more than 15.7% on the next day.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

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

View source version on businesswire.com: https://www.businesswire.com/news/home/20250515216170/en/