Ramaco Resources(US:METC) Prnewswire·2026-02-06 13:52Core Viewpoint - The complaint against the Company alleges violations of federal securities laws due to false and misleading statements regarding mining activities at the Brook Mine, indicating that no significant work has commenced despite prior claims [2]. Group 1: Allegations of Misconduct - The Company and its executives are accused of not commencing any significant mining activity at the Brook Mine after groundbreaking [2]. - It is claimed that no active work is taking place at the Brook Mine, leading to an overstatement of development progress [2]. - The positive statements made by the Defendants about the Company's business, operations, and prospects are described as materially misleading and lacking a reasonable basis [2]. Group 2: Legal Proceedings - The court-appointed lead plaintiff is identified as the investor with the largest financial interest in the relief sought by the class, who will oversee the litigation on behalf of the class members [3]. - Any member of the putative class has the option to move the Court to serve as lead plaintiff or remain an absent class member without affecting their ability to share in any recovery [3]. Group 3: Whistleblower Encouragement - The law firm Faruqi & Faruqi encourages individuals with information regarding Ramaco's conduct to come forward, including whistleblowers, former employees, and shareholders [4].