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ET.US
id: 1625

Energy Transfer ($ET) Investor Settlement

The settlement terms have been submitted to the court for approval.
$15,000,000
Cash Settlement
E.D. Pennsylvania
Court
2:20-cv-00200
Case number
02/25/2017
Class period Start
11/11/2019
Class period End
Energy 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
Stipulative Settlement
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
Attorney fee
$4,400,000
Trades matching type
FIFO

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Energy Transfer Equity LP

Energy Transfer LP, together with its subsidiaries, provides energy-related services in the United States. It operates through Intrastate Transportation and Storage; Interstate Transportation and S...

    Ticker
    ET.US
    ISIN
    US29273V1008
    CIK
    0001276187
    Sector
    Energy
    Industry
    Oil & Gas Midstream
    Country
    USA
    Address
    8111 Westchester Drive, Dallas, TX, United States, 75225