The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Peabody Energy Corporation (“Peabody” or “the Company”) (NYSE: BTU) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Peabody disclosed on March 29, 2023, that its Shoal Creek Mine suffered a fire on the same day. According to the Company’s press release, “The incident remains subject to further investigation. The company is not able to provide any estimates as to the impact of the fire on the Shoal Creek Mine or on the company's overall operations at this time.” Based on this news, shares of Peabody fell in late afternoon trading and in the after hours session.
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The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
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