The law firm says a federal securities class action alleges Peabody Energy misled investors about delays and operational problems at its Centurion mine between October 2024 and May 2026.
Faruqi & Faruqi, LLP said investors who bought or acquired Peabody Energy Corporation securities between October 14, 2024 and May 4, 2026 have until August 24, 2026 to seek appointment as lead plaintiff in a federal securities class action. The complaint alleges Peabody Energy and certain executives made false or misleading statements, or failed to disclose adverse facts, about the condition of the Centurion mine and issues delaying its ramp-up and return to full longwall production. The firm said the alleged corrective disclosures came on March 30, 2026, when Peabody Energy cut expected first-quarter output at Centurion to about 250,000 tons from around 700,000 tons because of “greater-than-anticipated mine commissioning challenges,” and on May 5, 2026, when it disclosed it had missed the March 2026 ramp-up deadline and reduced the full-year sales outlook for Centurion to 2.5 million tons from 3.5 million tons. Peabody Energy shares fell $3.82, or about 9.7%, to $35.68 on March 30, 2026, and then fell $1.52, or 5.7%, to $25.00 on May 5, 2026, the release said.