Law Firms Seek Lead Plaintiffs in Ramaco Securities Case Over Brook Mine Disclosures
Notices highlight allegations that Ramaco overstated Brook Mine progress.
Overview
- On February 9, DJS Law Group, The Schall Law Firm, and the Law Offices of Howard G. Smith issued notices inviting METC investors to pursue lead-plaintiff roles.
- The alleged class period runs from July 31, 2025 through October 23, 2025, with a March 31, 2026 deadline to move for appointment as lead plaintiff.
- Complaints claim Ramaco failed to commence meaningful mining at the Brook Mine after groundbreaking and overstated development progress, allegedly misleading investors and causing losses.
- DJS Law Group’s notice also references allegations that certain assets were carried above fair value and could necessitate a material non-cash impairment charge.
- The Schall Law Firm states the class has not been certified, so investors are not represented for the class unless and until certification occurs.