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Peabody Energy Corporation (NYSE: BTU)

Case Details

Join The Class Action

This lawsuit is for anyone who acquired securities in Peabody Energy Corporation (NYSE: BTU) from October 14, 2024 through May 4, 2026.

The lawsuit alleges that the Company and certain of its executives violated federal law. Specifically, the lawsuit alleges that, throughout the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the lawsuit alleges that the Company misled investors by failing to timely inform and/or concealing material adverse facts concerning the true state of the Company’s Centurion mine and the multitude of issues causing delays to the ramp-up and the return to full production.

On March 30, 2026, Peabody issued a press release lowered guidance concerning its Centurion mine’s first quarter 2026 output due to mining commissioning challenges. On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume. Then, on May 5, 2026, Peabody disclosed that it had failed to complete its goal to fully ramp-up Centurion by March 2026 and that it was cutting guidance related to full year metallurgical segment volumes to reflect the increased cost and substantial volume decrease. On this news, the price of the Company’s stock again dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Peabody Energy Corporation (NYSE: BTU) from October 14, 2024 through May 4, 2026 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.