{"id":458808,"date":"2021-03-16T10:08:44","date_gmt":"2021-03-16T14:08:44","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=458808"},"modified":"2021-03-16T10:08:44","modified_gmt":"2021-03-16T14:08:44","slug":"the-law-offices-of-frank-r-cruz-announces-investigation-of-peabody-energy-corporation-btu-on-behalf-of-investors-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/the-law-offices-of-frank-r-cruz-announces-investigation-of-peabody-energy-corporation-btu-on-behalf-of-investors-2\/","title":{"rendered":"The Law Offices of Frank R. Cruz Announces Investigation of Peabody Energy Corporation (BTU) on Behalf of Investors"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>The Law Offices of Frank R. Cruz Announces Investigation of Peabody Energy Corporation (BTU) on Behalf of Investors<\/b><\/p>\n<p>LOS ANGELES&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.frankcruzlaw.com&amp;esheet=52396622&amp;newsitemid=20210316005412&amp;lan=en-US&amp;anchor=The+Law+Offices+of+Frank+R.+Cruz&amp;index=1&amp;md5=8e7c0b4447e1a266d9ada984b7ac0579\">The Law Offices of Frank R. Cruz<\/a> is investigating potential claims against the board of directors of Peabody Energy Corporation (\u201cPeabody\u201d or the \u201cCompany\u201d) (NYSE: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ffinance.yahoo.com%2Fquote%2FBTU&amp;esheet=52396622&amp;newsitemid=20210316005412&amp;lan=en-US&amp;anchor=BTU&amp;index=2&amp;md5=b65084d8b4b571511d6b9dad8c9addb5\">BTU<\/a>) concerning whether the board breached its fiduciary duties to shareholders.\n<\/p>\n<p>\nIf you are a shareholder, click <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.frankcruzlaw.com%2Fcases%2Fpeabody-energy-corporation%2F&amp;esheet=52396622&amp;newsitemid=20210316005412&amp;lan=en-US&amp;anchor=here&amp;index=3&amp;md5=c0bf34bdca89558e9f6f0ad584d37238\">here<\/a> to participate.\n<\/p>\n<p>\nOn September 28, 2018, Peabody issued a press release announcing that it did \u201cnot expect any production from North Goonyella in the fourth quarter of 2018\u201d due to a fire occurring within the mine.\n<\/p>\n<p>\nThen, on February 6, 2019, Peabody reported disappointing financial earnings for fourth quarter 2018 due to remediation costs and lack of production at the North Goonyella mine. The Company also announced that production would not \u201cbegin to ramp up in the early months of 2020.\u201d\n<\/p>\n<p>\nFinally, on October 29, 2019, Peabody disclosed that restarting operations at the North Goonyella mine would not resume for three or more years due to local regulator QMI\u2019s strict restrictions.\n<\/p>\n<p>\nOur investigation concerns whether the Company\u2019s board of directors breached its fiduciary duties to shareholders and\/or grossly mismanaged the Company in connection with the above alleged misconduct.\n<\/p>\n<p>\nFollow us for updates on Twitter: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2FFRC_LAW&amp;esheet=52396622&amp;newsitemid=20210316005412&amp;lan=en-US&amp;anchor=twitter.com%2FFRC_LAW&amp;index=4&amp;md5=6501d84c14f92dc97501af5376bb0d2f\">twitter.com\/FRC_LAW<\/a>.\n<\/p>\n<p>\nIf you <b>still hold<\/b> Peabody shares purchased <b>before September, 2018<\/b> and wish to discuss this matter with us, or have any questions concerning your rights and interests with regards to this matter, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to <a rel=\"nofollow\" href=\"mailto:info@frankcruzlaw.com\">info@frankcruzlaw.com<\/a>, or visit our website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.frankcruzlaw.com&amp;esheet=52396622&amp;newsitemid=20210316005412&amp;lan=en-US&amp;anchor=www.frankcruzlaw.com&amp;index=5&amp;md5=051f7af271d33bbc488abbb7bd409344\">www.frankcruzlaw.com<\/a>.\u00a0 If you inquire by email please include your mailing address, telephone number and number of shares purchased.\n<\/p>\n<p>\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210316005412r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210316005412\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210316005412\/en\/<\/a><\/span><\/p>\n<p>\nThe Law Offices of Frank R. Cruz, Los Angeles<br \/>\n<br \/>Frank R. Cruz, 310-914-5007<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:fcruz@frankcruzlaw.com\">fcruz@frankcruzlaw.com<br \/>\n<\/a><br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.frankcruzlaw.com&amp;esheet=52396622&amp;newsitemid=20210316005412&amp;lan=en-US&amp;anchor=www.frankcruzlaw.com&amp;index=6&amp;md5=2e40a1545e776fd6e2e230187006744f\">www.frankcruzlaw.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America California<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210316005412\/en\/765953\/3\/Close_Up_Logo_HD_Blue.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>The Law Offices of Frank R. Cruz Announces Investigation of Peabody Energy Corporation (BTU) on Behalf of Investors LOS ANGELES&#8211;(BUSINESS WIRE)&#8211;The Law Offices of Frank R. Cruz is investigating potential claims against the board of directors of Peabody Energy Corporation (\u201cPeabody\u201d or the \u201cCompany\u201d) (NYSE: BTU) concerning whether the board breached its fiduciary duties to shareholders. If you are a shareholder, click here to participate. On September 28, 2018, Peabody issued a press release announcing that it did \u201cnot expect any production from North Goonyella in the fourth quarter of 2018\u201d due to a fire occurring within the mine. Then, on February 6, 2019, Peabody reported disappointing financial earnings for fourth quarter 2018 due to remediation costs and lack of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-law-offices-of-frank-r-cruz-announces-investigation-of-peabody-energy-corporation-btu-on-behalf-of-investors-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;The Law Offices of Frank R. Cruz Announces Investigation of Peabody Energy Corporation (BTU) on Behalf of Investors&#8221;<\/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-458808","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Law Offices of Frank R. Cruz Announces Investigation of Peabody Energy Corporation (BTU) on Behalf of Investors - 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\/the-law-offices-of-frank-r-cruz-announces-investigation-of-peabody-energy-corporation-btu-on-behalf-of-investors-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Law Offices of Frank R. Cruz Announces Investigation of Peabody Energy Corporation (BTU) on Behalf of Investors - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"The Law Offices of Frank R. Cruz Announces Investigation of Peabody Energy Corporation (BTU) on Behalf of Investors LOS ANGELES&#8211;(BUSINESS WIRE)&#8211;The Law Offices of Frank R. Cruz is investigating potential claims against the board of directors of Peabody Energy Corporation (\u201cPeabody\u201d or the \u201cCompany\u201d) (NYSE: BTU) concerning whether the board breached its fiduciary duties to shareholders. If you are a shareholder, click here to participate. On September 28, 2018, Peabody issued a press release announcing that it did \u201cnot expect any production from North Goonyella in the fourth quarter of 2018\u201d due to a fire occurring within the mine. Then, on February 6, 2019, Peabody reported disappointing financial earnings for fourth quarter 2018 due to remediation costs and lack of &hellip; Continue reading &quot;The Law Offices of Frank R. 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