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Peabody Energy Corporation (NYSE:BTU) Investor Investigation Over Possible Breaches Of Fiduciary Duties Announced

  • If you purchased shares of Peabody Energy Corporation (NYSE:BTU) and currently hold any of those NYSE:BTU shares, you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
Peabody Energy Corporation
Security
NYSE: BTU

Summary

October 27, 2014 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Peabody Energy Corporation (NYSE:BTU) shares was announced over potential breaches of fiduciary duties by certain officers and directors at Peabody Energy.
The investigation by a law firm concerns whether certain Peabody Energy officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Peabody Energy Corporation reported that its annual Total Revenue declined from over $8.07 billion in 2012 to over $7.01 billion in 2013 and that its respective Net Loss declined from $585.70 million to $524.90 million. Shares of Peabody Energy Corporation (NYSE:BTU) declined from $72.63 per share in March 2014 to as low as $10.00 per share on October 10, 2014.

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