PVR Partners, L.P. ("PVR" or the Partnership) is in the business of natural gas transmission. PVR owns and operates a network of natural gas pipelines and processing plants.

According to the Complaint, on October 10, 2013, Regency and the Partnership announced that, along with certain of affiliates, they had entered into a definitive agreement and plan of merger dated October 9, 2013 under which Regency, through Merger Sub, will acquire all of the outstanding units of PVR in a mixed cash and unit transaction (the “Proposed Transaction”).

On November 8, 2013, Regency filed a Form S-4 Registration Statement with the U.S. Securities and Exchange Commission in support of the Merger. The Registration Statement contained the joint proxy statement of the Partnership and Regency’s support of the merger. The Complaint alleges that the Registration Statement fails to provide the Partnership’s unitholders with material information or provides them with materially misleading information thereby rendering unitholders unable to make an informed decision on whether to vote in favor of the Proposed Transaction.

On March 24, 2014, there was an Order Consolidating Related Actions, Appointing Lead Plaintiff, And Approving Lead Plaintiff's Selection Of Co-Lead And Co-Liaison Counsel.

This case was voluntarily dismissed with prejudice on June 3, 2016.