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ET.US
id: 1625
Energy Transfer ($ET) Investor Settlement
Late claims are being considered for compensation, subject to approval.
$15,000,000
Cash SettlementE.D. Pennsylvania
Court2:20-cv-00200
Case number02/25/2017
Class period Start02/07/2020
Class period End11/28/2025
Claim deadlineEnergy Transfer has reached a settlement with $ET investors over claims of permit issues and misleading statements about legal risks.
Case Type
US Securities Class Action
Case Status
Accepting Late Claims
Alleged Offence
Misleading Statements,
Financial Misrepresentation,
Fraud,
Failure to Disclose
Suspected Party
Directors,
Management
Security Type
Unit (ETF, ETN, Unit)
Trade Direction
Long
Payout per Share
0.018
Filing date
01/10/2020
Plaintiffs
Allegheny County Employees’ Retirement System
Attorneys
Bernstein Litowitz Berger & Grossmann LLP ; The Weiser Law Firm, P.C.
Defendants
Kelcy L. Warren; John W. McReynolds; Thomas E. Long
Judge
Gerald A. McHugh
Administrator
JND Legal Administration
Court hearing date
10/07/2025
Exclusion deadline
09/16/2025
Objection deadline
09/16/2025
Attorney fee
$4,400,000
Trades matching type
FIFO
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