Hagens Berman is investigating Peabody Energy Corporation for alleged securities law violations after a class action lawsuit was filed claiming the company misled investors about its Centurion metallurgical coal mine in Queensland, Australia. The suit alleges that during the class period from October 14, 2024 to May 4, 2026, Peabody made false statements about the mine's readiness, including a February 2026 claim that the team was installing the very last shield and mining had begun, while actually facing mechanical, electrical, and operational problems. On March 30, 2026, Peabody slashed first-quarter Centurion production guidance from approximately 700,000 tons to roughly 250,000 tons, sending shares down almost 10 percent, and on May 5, 2026, it lowered the full-year sales outlook for Centurion to 2.5 million tons, a 28 percent reduction that pushed shares down nearly 6 percent. The lead plaintiff deadline is August 24, 2026.
Peabody Energy CorpSecurities class action lawsuit alleging misleading statements about Centurion mine production issues.
