{"id":388918,"date":"2020-11-26T10:03:20","date_gmt":"2020-11-26T15:03:20","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=388918"},"modified":"2020-11-26T10:03:20","modified_gmt":"2020-11-26T15:03:20","slug":"btu-deadline-alert-bronstein-gewirtz-grossman-llc-reminds-peabody-energy-corporation-shareholders-of-class-action-and-lead-plaintiff-deadline-november-27-2020","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/btu-deadline-alert-bronstein-gewirtz-grossman-llc-reminds-peabody-energy-corporation-shareholders-of-class-action-and-lead-plaintiff-deadline-november-27-2020\/","title":{"rendered":"BTU Deadline Alert: Bronstein, Gewirtz & Grossman, LLC Reminds Peabody Energy Corporation Shareholders of Class Action and Lead Plaintiff Deadline: November 27, 2020"},"content":{"rendered":"
\n

NEW YORK, Nov. 26, 2020 (GLOBE NEWSWIRE) — Attorney Advertising–Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Peabody Energy Corporation (“Peabody” or “the Company”) (NYSE: BTU) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Peabody securities between\u00a0April 3, 2017 and October 28, 2019, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm\u2019s site: www.bgandg.com\/btu<\/a>.\u00a0 \u00a0 \u00a0 \u00a0<\/p>\n

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.<\/p>\n

The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements\u00a0that: (1) the Company had failed to implement adequate safety controls at the North Goonyella mine to prevent the risk of a spontaneous combustion event; (2) the Company failed to follow its own safety procedures; and (3) as a result, the North Goonyella mine was at a heightened risk of shutdown. Further, according to the lawsuit, following the September 28, 2018 fire and throughout the remainder of the Class Period, defendants failed to disclose, and would continue to omit, the following adverse facts pertaining to the feasibility of Peabody\u2019s plan to restart the North Goonyella mine: (1) the Company\u2019s low-cost plan to restart operations at the mine posed unreasonable safety and environmental risks; (2) the Australian body responsible for ensuring acceptable health and safety standards, the Queensland Mines Inspectorate (“QMI”), would likely mandate a safer, cost-prohibitive approach; and (3) as a result, there would be major delays in reopening the North Goonyella mine and restarting coal production. When the true details entered the market, the lawsuit claims that investors suffered damages.<\/p>\n

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm\u2019s site: www.bgandg.com\/btu<\/a> or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Peabody you have until November 27, 2020 to request that the Court appoint you as lead plaintiff.\u00a0 Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.<\/p>\n

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.\u00a0 Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.\u00a0 In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm\u2019s expertise includes general corporate and commercial litigation, as well as securities arbitration.\u00a0 Attorney advertising. Prior results do not guarantee similar outcomes.<\/p>\n

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com<\/a><\/p>\n

\n
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<\/div>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, Nov. 26, 2020 (GLOBE NEWSWIRE) — Attorney Advertising–Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Peabody Energy Corporation (“Peabody” or “the Company”) (NYSE: BTU) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Peabody securities between\u00a0April 3, 2017 and October 28, 2019, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm\u2019s site: www.bgandg.com\/btu.\u00a0 \u00a0 \u00a0 \u00a0 This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements\u00a0that: (1) … <\/p>\n

Continue reading “BTU Deadline Alert: Bronstein, Gewirtz & Grossman, LLC Reminds Peabody Energy Corporation Shareholders of Class Action and Lead Plaintiff Deadline: November 27, 2020”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-388918","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nBTU Deadline Alert: Bronstein, Gewirtz & Grossman, LLC Reminds Peabody Energy Corporation Shareholders of Class Action and Lead Plaintiff Deadline: November 27, 2020 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/btu-deadline-alert-bronstein-gewirtz-grossman-llc-reminds-peabody-energy-corporation-shareholders-of-class-action-and-lead-plaintiff-deadline-november-27-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BTU Deadline Alert: Bronstein, Gewirtz & Grossman, LLC Reminds Peabody Energy Corporation Shareholders of Class Action and Lead Plaintiff Deadline: November 27, 2020 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Nov. 26, 2020 (GLOBE NEWSWIRE) — Attorney Advertising–Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Peabody Energy Corporation (“Peabody” or “the Company”) (NYSE: BTU) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Peabody securities between\u00a0April 3, 2017 and October 28, 2019, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm\u2019s site: www.bgandg.com\/btu.\u00a0 \u00a0 \u00a0 \u00a0 This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. 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