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Case Status:    SETTLED
On or around 05/16/2014 (Date of order of final judgment)

Filing Date: June 17, 2013

According to a law firm press release, Plaintiff seeks to recover damages on behalf of all Crestwood Midstream Partners LP unitholders due to false and misleading information contained in a proxy statement disseminated by Crestwood and its Board, all in connection with Crestwood's attempt to consummate its proposed acquisition by Inergy under an unfair process and for an unfair price.

On May 6, 2013, Crestwood and Inergy announced they had entered into a definitive agreement, whereby Inergy would acquire all of Crestwood's outstanding units. On May 29, 2013, Crestwood filed a Registration Statement with the SEC on Form S-4 ("S-4"), and disseminated this S-4 to unitholders in advance of the vote to approve the acquisition.

The Complaint alleges that the S-4 omitted a number of material facts necessary to make the statements made in the S-4 not false and misleading, which included events leading up to the definitive agreement entered into by the two companies, the analysis conducted by the financial advisors for Crestwood's Board, and the conflicts of interest burdening the various parties to the deal.

On July 24, 2013, this case was consolidated into lead case 4:13-cv-1528.

On December 19, 2013, the parties entered into a Stipulation of Settlement. The Settlement was preliminarily approved on January 14, 2014. The Settlement was granted final approval and this case was dismissed on May 16, 2014.

COMPANY INFORMATION:

Sector:
Industry:
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: CMLP
Company Market: New York SE
Market Status: Public (Listed)

About the Company & Securities Data


"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.

In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
COURT: S.D. Texas
DOCKET #: 13-CV-01763
JUDGE: Hon. Sim Lake
DATE FILED: 06/17/2013
CLASS PERIOD START: 05/06/2013
CLASS PERIOD END: 06/17/2013
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Edison, McDowell & Hetherington LLP

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No Document Title Filing Date
COURT: S.D. Texas
DOCKET #: 13-CV-01528
JUDGE: Hon. Sim Lake
DATE FILED: 08/02/2013
CLASS PERIOD START: 05/06/2013
CLASS PERIOD END: 06/17/2013
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. The Bilek Law Firm, L.L.P.
    808 Travis, Suite 802, The Bilek Law Firm, L.L.P., TX 77002
    713.227.7720 713.227.7720 ·
  2. WeissLaw LLP
    551 Fifth Avenue, Suite 1600, WeissLaw LLP, NY 10176
    212.682.3025 212.682-3010 · info@wllawny.com
No Document Title Filing Date