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Peabody to answer North Goonyella class action claims in April

PEABODY Energy is expected to respond in US courts next month to claims in a class action that it misled investors by concealing the true extent of the problems at its North Goonyella mine in Queensland.

Lou Caruana
The court has appointed a lead plaintiff and lead counsel, who filed an amended complaint on March 19.

The court has appointed a lead plaintiff and lead counsel, who filed an amended complaint on March 19.

The class action securities lawsuit was also brought against Peabody and certain of its current and former executives for alleged misstatements and omissions in connection with the North Goonyella mine...

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