Stull, Stull & Brody Announces Continuing Investigation of Claims on Behalf of Peabody Energy Corporation's 401(k) Plan -- BTU

Jul 02, 2015, 11:28 ET from Stull, Stull & Brody

NEW YORK, July 2, 2015 /PRNewswire/ -- Stull, Stull & Brody today announced that a complaint has been filed and that it is continuing its investigation relating to the 401(k) defined contribution plan of Peabody Energy Corporation (NYSE: BTU) ("Peabody" or the "Company"). Among other things, Stull, Stull & Brody is investigating whether fiduciaries of Peabody's 401(k) plan violated the Employee Retirement Income Security Act of 1974 ("ERISA") by offering Peabody stock as an investment option under the plan when it was not prudent to do so  and by failing to disclose the Company's true financial and operating condition to participants and beneficiaries of the plan.

If you held Peabody stock in an individual account under any of the Company's 401(k) plans during the last several years and have questions about your legal rights or interests with respect to these matters, please contact Michael Klein, Esq. at Stull, Stull & Brody by e-mail at Peabody@ssbny.com, by calling toll-free 1-800-337-4983 x147, by fax to 1-212-490-2022, or by writing to Stull, Stull & Brody, 6 East 45th Street, New York, NY 10017. You can also visit our website at www.ssbny.com.

You may retain Stull, Stull & Brody, or other counsel of your choice, to represent you. Stull, Stull & Brody has litigated many class actions for violations of securities laws in federal courts over the past 40 years and has obtained court approval of substantial settlements on numerous occasions. Stull, Stull & Brody maintains offices in New York and Beverly Hills.

Attorney Advertising. Prior Results Do Not Guarantee A Similar Outcome.

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