Core Viewpoint - A class action lawsuit has been filed against Ramaco Resources, Inc. for alleged securities fraud, claiming that the company misled investors about its mining operations at the Brook Mine [1][4]. Group 1: Lawsuit Details - The lawsuit was filed in the United States District Court for the Southern District of New York, specifically under the case caption Henning v. Ramaco Resources, Inc. [1] - Investors have a 60-day window from the notice to move the court to serve as lead plaintiff in the action [2]. Group 2: Allegations and Impact - Wolfpack Research published a report on October 23, 2025, alleging that Ramaco's Brook Mine was not operational as claimed, describing it as a "hoax" and a "Potemkin Mine" [3] - Following the report, Ramaco's stock price dropped by $3.81, or 9.6%, closing at $36.01 per share on October 23, 2025, with unusually high trading volume [3]. - The complaint alleges that the company made materially false statements and failed to disclose significant facts about its mining activities, including that no significant mining had commenced at the Brook Mine [4].
METC CLASS ACTION NOTICE: The Law Offices of Frank R. Cruz Files Securities Fraud Lawsuit Against Ramaco Resources, Inc.