The Gross Law Firm has filed a securities class action lawsuit against Peabody Energy Corporation on behalf of shareholders who purchased shares between October 14, 2024 and May 4, 2026. The complaint alleges that the company made false and misleading statements about the Centurion mine, concealing issues that delayed its ramp-up and return to full longwall production. 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 trading day. Then on May 5, 2026, the company disclosed it had missed the March 2026 ramp-up deadline and cut full-year met segment volume guidance, leading to a further 5.7% decline. The deadline for shareholders to seek lead plaintiff appointment is August 24, 2026.
Peabody Energy CorpSecurities class action lawsuit alleging false statements about Centurion mine, causing stock drops.