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Lawsuit for Investors in Shares of Peabody Energy Corporation (NYSE:BTU) Announced by Shareholders Foundation

·2 min read

SAN DIEGO, CA / ACCESSWIRE / December 1, 2020 / The Shareholders Foundation, Inc. announces that a lawsuit was filed for certain investors in Peabody Energy Corporation (NYSE:BTU) shares.

Investors, who purchased shares of Peabody Energy Corporation (NYSE:BTU) in April 2017 or earlier and continue to hold any of those (NYSE:BTU) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779-1554.

The plaintiff alleges that the defendants failed to disclose, and would continue to omit, the following adverse facts pertaining to the safety practices at the Company's North Goonyella mine, which were known to or recklessly disregarded by Defendants the Company had failed to implement adequate safety controls at the North Goonyella mine to prevent the risk of a spontaneous combustion event, the Company failed to follow its own safety procedures, and as a result, the North Goonyella mine was at a heightened risk of shutdown.

Those who purchased Peabody Energy Corporation (NYSE:BTU) shares should contact the Shareholders Foundation, Inc.

CONTACT:
Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
mail@shareholdersfoundation.com
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.

SOURCE: The Shareholders Foundation, Inc.



View source version on accesswire.com:
https://www.accesswire.com/618900/Lawsuit-for-Investors-in-Shares-of-Peabody-Energy-Corporation-NYSEBTU-Announced-by-Shareholders-Foundation