Investors Seek Class Approval In Suit Over $3B Pa. Pipeline

By Nathan Hale (September 20, 2021, 5:47 PM EDT) -- A group of institutional investors suing Energy Transfer LP over alleged misleading statements about its $3 billion Mariner East 2 and Revolution pipeline projects have urged a Pennsylvania federal court to certify a class with them as class representatives.

Friday's motion, which also asks the court to appoint their co-lead counsel from Bernstein Litowitz Berger & Grossmann LLP and Barrack Rodos & Bacine as class counsel, argues that the case is ideally suited for class treatment.

"Courts in the Third Circuit have long 'observed that class actions are a particularly appropriate and desirable means to resolve claims based on the securities...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!