Energy Transfer LP Class Action Lawsuit - ET

Company
Energy Transfer LP (NYSE: ET)
Lead Plaintiff Deadline
August 2, 2022 (Expired)
Class Definition
common stock between April 13, 2017 and December 20, 2021, both dates inclusive

Expired

Lead Plaintiff Deadline

Aug 2, 2022

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Allegations

(a) Energy Transfer had inadequate internal controls and procedures to prevent contractors from engaging in illegal conduct with regards to drilling activities, and/or failed to properly mitigate known issues related to such controls and procedures; (b) Energy Transfer, through its subsidiary Rover Pipeline, LLC, hired a third-party contractor to conduct Horizontal Directional Drilling Activities for the Rover Pipeline Project, whose conduct of adding illegal additives in the drilling mud caused severe pollution near the Tuscarawas River when a large inadvertent release took place on April 13, 2017; (c) Energy Transfer continually downplayed its potential civil liabilities when the Federal Energy Regulatory Commission (“FERC”) was actively investigating the Energy Transfer's wrongdoing related to the April 13 release and consistently provided it with updated information about FERC’s findings on this matter.

Eligibility

In order to be eligible to join the ET class action lawsuit, you must have incurred a loss on shares of Energy Transfer purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in Energy Transfer during the relevant time frame, you have until August 2, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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