Hagens Berman is investigating Peabody Energy Corporation for alleged violations of federal securities laws following a pending class action lawsuit. The lawsuit claims Peabody misled investors about the operational status and production capabilities of its Centurion mine in Queensland, Australia, during the class period from October 14, 2024 to May 4, 2026. On March 30, 2026, the company slashed first-quarter production guidance for Centurion from approximately 700,000 tons to roughly 250,000 tons, causing shares to drop almost 10%. Then on May 5, 2026, Peabody lowered its full-year sales outlook for Centurion to 2.5 million tons, a 28% reduction that sent shares down nearly 6%. The firm is probing when management knew the ramp-up was off track and encourages investors who purchased Peabody stock during the class period to report losses before the August 24, 2026 lead plaintiff deadline.
Peabody Energy CorpInvestigation and class action lawsuit over alleged securities law violations regarding Centurion mine production guidance.