NEW YORK, June 26, 2026, 16:03 EDT
- Peabody Energy Corp. NYSE:BTU lines up the numbers the clearest in the new legal filings. Centurion’s first-quarter loss was around $80 million. That came as Peabody reported companywide adjusted EBITDA of $82.5 million. SEC
- Peabody faces a securities class action for buyers between Oct. 14, 2024 and May 4, 2026. Lead plaintiff applications are due by Aug. 24. GlobeNewswire
- Hy-Vee is facing claims tied to 45-hour workweeks for salaried managers. Capital One is dealing with allegations over credit denial notifications and the Equal Credit Opportunity Act. News From The States
- Regular U.S. stock trade wrapped up at the dateline. NYSE’s main trading hours are 09:30 to 16:00 ET, then late trading goes until 20:00 ET. New York Stock Exchange
Peabody’s class-action claim is more detailed than the other two U.S. cases reported in the last two days. The coal miner dropped its 2026 Centurion sales outlook by one million tons, now guiding for 2.5 million tons instead of 3.5 million. Peabody also said Centurion lowered its first-quarter seaborne metallurgical contribution by about $80 million, almost matching the company’s total adjusted EBITDA of $82.5 million. SEC
Peabody’s case stands out from those involving Capital One Financial Corp. NYSE:COF and Hy-Vee Inc., where filings and news coverage reviewed to date point to smaller dollar amounts. Peabody shares last showed a 1.35% drop to $23.37 before the core market close, while Capital One slipped 1.03% to $202.79.
Peabody is facing a complaint in the U.S. District Court for the Eastern District of Missouri. The lawsuit wants to represent investors who bought Peabody stock or other securities from Oct. 14, 2024 through May 4, 2026. It claims the company didn’t tell investors about issues that pushed back Centurion’s ramp-up and its full longwall output. GlobeNewswire
Peabody NYSE:BTU shares dropped after the company warned of weaker Centurion output. A law firm notice said Peabody told the market on March 30 that its Q1 Centurion production would be 250,000 tons, well below the 700,000 tons previously expected. The stock slid 9.7% that day. On May 5, Peabody cut its full-year outlook for Centurion sales to 2.5 million tons from 3.5 million. Shares fell another 5.7%, according to the notice. PR Newswire
Peabody CEO Jim Grech in May called the Centurion start “not the start we had anticipated.” The company blamed electrical and mechanical problems plus roof conditions, and projected commissioning and ramp-up in the second quarter. Full longwall rates are expected in the second half of 2026. SEC
Scale is the main issue here. Back in February, Peabody told investors Centurion’s net present value was $2.1 billion, assuming a $225-per-metric-ton benchmark and more than 25 years of mine life. Peabody’s own market value sits at about $2.84 billion. With that size, any production delay at Centurion could hit the equity story. PR Newswire
No public market move on Hy-Vee as it’s not traded. A proposed class action in the Southern District of Iowa, brought by ex-employee Dawn Nicosia, accuses the grocer of violating federal wage law. The suit says Hy-Vee treated department managers as salaried staff exempt from overtime, but made them work at least 45 hours a week, with most of their time on manual tasks. A Hy-Vee spokesperson said the company thinks the suit and claims have no merit. News From The States
Retailers still face a labor-cost issue from that case. The alleged overtime problem isn’t just a one-off payroll slip. According to the complaint, it’s about a centralized policy for bakery, meat, produce, food service, and other department manager roles under store director or assistant manager. News From The States
Capital One is facing a process case, not a credit-loss dispute, according to reports. Top Class Actions says a proposed class action claims Capital One did not send legal notices to credit applicants who were rejected, which would violate the ECOA and Virginia law. The Consumer Financial Protection Bureau says under ECOA and Regulation B, lenders must explain the reasons for any adverse action on an application. Top Class Actions
Capital One posted $2.2 billion in net income for the first quarter, with domestic card loans at $254.0 billion. CEO Richard Fairbank said it was a quarter of “solid top line growth and strong credit performance.” Investors now face the question of whether a notice claim can scale into a bigger compliance cost for lenders with large card portfolios. Capital One Financial Corp.
The three complaints are still pending. Peabody investors are watching for Aug. 24, 2026—the date law firms reference as the cutoff to seek lead plaintiff status. GlobeNewswire
