Shareholders of Peabody Energy Corporation (BTU): Protect Your Rights Before August 24, 2026 - Contact Levi & Korsinsky
NEW YORK CITY, NY / ACCESS Newswire / June 26, 2026 / Levi & Korsinsky, LLP announces that a securities class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Peabody Energy Corporation (NYSE:BTU) securities.
If you suffered a loss on your Peabody Energy investment and would like to explore a potential recovery under the federal securities laws, Learn about Peabody Energy Class Action or contact Joseph E. Levi, Esq. via email at [email protected] or call (212)363-7500 to speak to our team of experienced shareholder advocates.
THE LAWSUIT: A class action securities lawsuit was filed against Peabody Energy Corporation that seeks to recover losses of shareholders who were adversely affected by alleged securities fraud between October 14, 2024 and May 4, 2026.
CASE DETAILS: According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Peabody Energy's Centurion mine and the multitude of issues causing delays to the ramp-up and the return to full longwall production dates. On March 30, 2026, Peabody Energy issued a press release lowering guidance pertaining to Centurion mine's expected first quarter 2026 output ahead of the Company's full earnings release. In pertinent part, defendants announced that sales volume from the Centurion mine was expected to deliver approximately 250,000 tons in the first quarter due to mining commissioning challenges (compared to previous estimates of around 700,000 tons). Following this news, the price of Peabody Energy's common stock declined dramatically. From a closing market price of $39.50 per share on March 27, 2026, Peabody Energy's stock price fell to $35.68 per share on March 30, 2026, a decline of about 9.7% in the span of a single trading day.
On May 5, 2026, Peabody Energy issued a press release disclosing the Company's failure to ramp-up Centurion by the long-awaited March 2026 deadline and cutting guidance related to full year met segment volumes to reflect the increased cost and substantial volume decrease. Following this news, Peabody Energy's common stock declined from a closing market price of $26.52 per share on May 4, 2026, to $25.00 per share on May 5, 2025, a decline of 5.7%.
WHAT'S NEXT? If you purchased Peabody Energy stock during the relevant time frame - even if you still hold your shares, learn about your rights to seek a recovery. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (212)363-7500
Fax: (212) 363-7171
SOURCE: Levi & Korsinsky, LLP