According to the Complaint, the Company made false and misleading statements to the market. Ramaco failed to commence meaningful mining operations at the Brook Mine after groundbreaking. The Company did not undertake active work at the Brook Mine during the Class Period, and overstated the progress it at made at the mine. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Ramaco, investors suffered damages.
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