Ramaco Resources Faces Securities Class Action Over Alleged Misstatements About Brook Mine Progress

Brook Mine Development Claims Face Legal Challenge

Ramaco Resources is facing a proposed securities class action brought to the attention of shareholders by The Gross Law Firm, which alleges the company overstates progress at its Brook Mine project. The firm’s notice covers purchases of Ramaco shares between July 31, 2025 and October 23, 2025 and contends defendants made materially false or misleading statements, or omitted material facts, by representing meaningful development work had begun when, the notice alleges, no significant mining activity had commenced after groundbreaking and no active work was taking place.

The complaint focuses on disclosure and operational assertions rather than broader market movements, alleging that Ramaco’s public statements about the Brook Mine’s development, operations and prospects lack a reasonable basis. If the allegations proceed, the case is likely to concentrate on the company’s internal project reporting, timing of construction milestones and the basis for public assertions of progress — matters that can affect permitting, contractor engagement and stakeholder confidence in a mining project’s execution.

The challenge highlights wider governance and industry scrutiny for resource companies that balance milestone publicity with technical and regulatory uncertainties. In the coal and mining sector, delays in site mobilization, permitting or capital deployment commonly complicate project timelines; legal scrutiny centering on public statements can prompt closer review of corporate disclosure practices, internal controls and project management. For Ramaco, the litigation risk raises potential reputational and compliance considerations as the company advances Brook Mine work and communicates updates to investors and counterparties.

Shareholder Registration and Lead Plaintiff Opportunity

The Gross Law Firm is urging affected investors to register with the firm by March 31, 2026 to seek appointment as lead plaintiff, while noting that appointment as lead plaintiff is not required to participate in any potential recovery. Registrants are told there are no retainer or out‑of‑pocket fees to participate and that enrolled claimants will receive portfolio monitoring software to track case status and receive updates through the litigation lifecycle.

Firm Contact and Disclaimers

The notice provides contact details including an email ([email protected]), phone number ((646) 453‑8903) and a registration link, and identifies the firm’s New York headquarters at 15 West 38th Street, 12th Floor. The Gross Law Firm includes typical disclaimers that attorney advertising and that past results do not guarantee similar outcomes in future matters.