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Case Status:    ONGOING    
On or around 09/21/2017 (Ongoing date of last review)

Filing Date: January 13, 2017

According to the Complaint, this action stems from a proposed transaction announced on November 21, 2016 (the “Proposed Transaction”), pursuant to which Energy Transfer Partners, L.P. (“ETP” or the “Partnership”) will be acquired by Sunoco Logistics Partners L.P (“SXL”).

On November 20, 2016, ETP’s Board of Directors (the “Board” or “Individual Defendants”) caused the Partnership to enter into an agreement and plan of merger (the “Merger Agreement”), which was amended on December 16, 2016, with SXL, Sunoco Partners LLC (“SXL GP”), Energy Transfer Equity, L.P. (“ETE”), and Energy Transfer Partners GP, L.P. ( “ETP GP”). Pursuant to the terms of the Merger Agreement, unitholders of ETP will receive 1.5 common units of SXL for each common unit of ETP. On December 19, 2016, defendants filed a Form S-4 Registration Statement (the “Registration Statement”) with the United States Securities and Exchange Commission (“SEC”) in connection with the Proposed Transaction.

The Complaint alleges the Registration Statement omits material information with respect to the Proposed Transaction, which renders the Registration Statement false and misleading.


COMPANY INFORMATION:

Sector: Energy
Industry: Oil & Gas Operations
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: ETP
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: D. Delaware
DOCKET #: 17-CV-00044
JUDGE: Hon. Richard G. Andrews
DATE FILED: 01/13/2017
CLASS PERIOD START: 11/21/2016
CLASS PERIOD END: 01/13/2017
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Rigrodsky & Long, P.A.
    919 N. Market Street, Suite 980, Rigrodsky & Long, P.A., DE 19803
    302.295.5310 302.295.5310 · info@rigrodskylong.com
  2. Wolf Haldenstein Adler Freeman & Herz LLP (New York)
    270 Madison Avenue, Wolf Haldenstein Adler Freeman & Herz LLP (New York), NY 10016
    212.545.4600 212.686.0114 · newyork@whafh.com
No Document Title Filing Date
COURT: D. Delaware
DOCKET #: 17-CV-00044
JUDGE: Hon. Richard G. Andrews
DATE FILED: 08/21/2017
CLASS PERIOD START: 11/21/2016
CLASS PERIOD END: 01/13/2017
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Bronstein, Gewirtz & Grossman, LLC (New York)
    60 East 42nd Street - Suite 4600, Bronstein, Gewirtz & Grossman, LLC (New York), NY 10165
    212.697.6484 212.697.7296 · info@bgandg.com
  2. Margolis Edelstein
    300 Delaware Avenue, Suite 800, Margolis Edelstein, DE
    302.888.1112 302.888.1112 ·
  3. Robbins Geller Rudman & Dowd LLP (San Diego)
    655 West Broadway, Suite 1900, Robbins Geller Rudman & Dowd LLP (San Diego), CA 92101
    619.231.1058 619.231.7423 ·
No Document Title Filing Date