Ramaco Resources(US:METC) Globenewswire·2026-03-12 20:19Core Viewpoint - A class action lawsuit has been filed against Ramaco Resources, Inc. for allegedly making materially false and misleading statements regarding its mining operations, particularly at the Brook Mine, leading to significant investor losses during the specified class period [6]. Group 1: Allegations and Details - The lawsuit claims that Ramaco failed to disclose that no significant mining activity had commenced at the Brook Mine after its groundbreaking, and that the company overstated its development progress [6]. - A report by Wolfpack Research described the Brook Mine as a "hoax" and indicated that no active work had taken place, contradicting the company's positive statements about its operations [6]. - Following the allegations, Ramaco's stock price dropped by $3.81, or 9.6%, closing at $36.01 per share on October 23, 2025, amid unusually high trading volume [6]. Group 2: Legal Process and Next Steps - Investors who purchased Ramaco securities between July 31, 2025, and October 23, 2025, have until March 31, 2026, to apply to be appointed as lead plaintiff in the lawsuit [6]. - Individuals interested in learning more about the claims or their rights are encouraged to contact the law firm Bragar Eagel & Squire, P.C. for further information [4][5].