Peabody Energy Corporation Class Action Lawsuit - BTU

Company
Peabody Energy Corporation (NYSE: BTU)
Lead Plaintiff Deadline
November 27, 2020 (Expired)
Class Period
April 3, 2017 - October 28, 2019

Expired

Lead Plaintiff Deadline

Nov 27, 2020

Never Miss Another Deadline

Choose your preferred way to stay informed of new case launches and settlement deadlines

WhatsApp

Scan the QR code or click the button to join

Join on WhatsApp

Get Updates by Email

Required Field

Required Field

Required Field

No Spam, opt-out anytime, alert list is free

Allegations

(a) the Company had failed to implement adequate safety controls at the North Goonyella mine to prevent the risk of a spontaneous combustion event; (b) the Company failed to follow its own safety procedures; (c) as a result, the North Goonyella mine was at a heightened risk of shutdown; (d) the Company’s low-cost plan to restart operations at the mine posed unreasonable safety and environmental risks; (e) The Australian body responsible for ensuring acceptable health and safety standards, the Queensland Mines Inspectorate, would likely mandate a safer, cost-prohibitive approach; and (f) as a result, there would be major delays in reopening the North Goonyella mine and restarting coal production.

Eligibility

In order to be eligible to join the BTU class action lawsuit, you must have incurred a loss on shares of Peabody purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in Peabody during the relevant time frame or pursuant to the relevant offering(s), you have until November 27, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

TOP