Levi & Korsinsky Files Class Action Against Peabody Energy Over Centurion Mine Disclosures

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โดย GlobeNewswire·Read original
Summary · why it matters

Levi & Korsinsky, LLP has filed a class action lawsuit against Peabody Energy Corporation on behalf of investors who purchased common stock between October 14, 2024 and May 4, 2026. The complaint alleges that the company made materially false and misleading statements and concealed adverse facts about delays and challenges at its Centurion mine. On March 30, 2026, Peabody lowered first-quarter output guidance for the mine to approximately 250,000 tons from a previous estimate of around 700,000 tons, causing the stock to drop 9.7% in a single day. Then on May 5, 2026, the company disclosed a failure to meet the March 2026 ramp-up deadline and cut full-year met segment volume guidance, leading to a further 5.7% decline. Investors have until August 24, 2026 to seek appointment as lead plaintiff.

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Class action lawsuit alleging false disclosures about Centurion mine delays and output guidance cuts.