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SueWallSt Reminds Shareholders of a Lead Plaintiff Deadline of August 24, 2026 in Peabody Energy Corporation Lawsuit - BTU

  • Peabody Energy (NYSE: BTU) shares fell 36.7% from a high of $39.50 to $25.00 as the Centurion mine's ramp-up stalled due to corrective disclosures.
  • The securities class action covers the period from October 14, 2024 to May 4, 2026 for purchasers who may have suffered losses.
  • Initial investor optimism began in October 2024 with claims that the Centurion mine was a generational asset running ahead of schedule with a 25-year life.
  • Confidence peaked in February 2026 when the CEO confirmed final shield installation, driving the stock to its Class Period high.
  • On March 30, 2026, Peabody cut its first-quarter output estimate by 64% citing "commissioning challenges," causing a 9.7% single-day drop.
  • A May 5, 2026 earnings call revealed full-scale failures including 8-year-old repurposed equipment, mechanical breakdowns, 2.5 million ton volume slushes, 18-month delays, & an $80 million EBITDA swing.
  • The lead plaintiff deadline for the lawsuit is August 24, 2026, with corrective disclosures occurring on March 30, 2026, & May 5, 2026.
  • Levi & Korsinsky LLP is handling the case on a contingency basis with no upfront fees for investors who purchased shares during the class period.