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EQT.US
id: 1631

EQT Corporation ($EQT) $167.5M Investor Settlement

The settlement terms have been submitted to the court for approval.
$167,500,000
Cash Settlement
W.D. Pennsylvania
Court
2:24-cv-01033
Case number
06/19/2017
Class period Start
06/17/2019
Class period End
EQT Corporation ($EQT) has agreed to settle $167.5 million with investors to resolve claims that it misled investors about benefits from its Rice Energy acquisition.
Case Type
US Securities Class Action
Case Status
Stipulative Settlement
Alleged Offence
Misleading Statements
Financial Misrepresentation
Failure to Disclose
Omissions
Suspected Party
Directors
Management
Security Type
Stocks
Trade Direction
Long
Payout per Share
0.54
Filing date
06/25/2019
Plaintiffs
Ronald A. White
Attorneys
The Rosen Law Firm, P.A.
Defendants
Hadley Ford; Julius Kalcevich; Robert Whelan
Judge
Robert J. Colville
Administrator
A.B. Data Ltd
Attorney fee
$56,150,000
Trades matching type
FIFO

Frequently Asked Questions

EQT Corporation

EQT Corporation engages in the production, gathering, and transmission of natural gas. The company sells natural gas and natural gas liquids to marketers, utilities, and industrial customers locate...

    Ticker
    EQT.US
    ISIN
    US26884L1098
    CIK
    0000033213
    Sector
    Energy
    Industry
    Oil & Gas E&P
    Country
    USA
    Address
    625 Liberty Avenue, Pittsburgh, PA, United States, 15222