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 it would produce 700,000 tons in Q1, but later slashed that to 250,000 tons and reduced full-year production guidance from 3.5 million to 2.5 million tons due to mechanical and electrical issues. Peabody shares fell 36% between the initial cryptic disclosure on March 30 and fuller disclosure on May 5, 2026.