Peabody Energy Corporation (BTU) Faces Securities Class Action Lawsuit – Hagens Berman Investigating Federal Securities Law Violations Related to Centurion Operations

Peabody Energy faces a securities class action lawsuit for allegedly misleading investors about its Centurion metallurgical coal mine in Australia. The company claimed in February 2026 that the mine would produce 700,000 tons in Q1, but later slashed that forecast to 250,000 tons (64% reduction) due to mechanical and electrical issues. The stock plummeted 36% between the initial disclosure and fuller revelations, with full-year production expectations cut from 3.5 million to 2.5 million tons. The lawsuit covers investors who purchased shares between October 14, 2024 and May 4, 2026.