Peabody Energy Corporation faces a securities class action lawsuit over disclosures about its flagship Centurion metallurgical coal mine. The lawsuit, filed by Hagens Berman, represents investors who purchased Peabody shares between October 14, 2024 and May 4, 2026. The firm is investigating whether Peabody and its co-defendants violated federal securities laws after the company slashed Centurion's first-quarter 2026 production forecast by about 64% on March 30, 2026, and later revealed temporary mechanical and electrical issues during commissioning. These disclosures caused Peabody's stock to drop $14.50, or 36%, between March 27 and May 5, 2026. The lead plaintiff deadline is August 24, 2026.
Peabody Energy CorpSecurities class action lawsuit over alleged misleading disclosures about Centurion mine production forecast and mechanical issues.