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Case Status:    ONGOING    
On or around 01/22/2018 (Ongoing date of last review)

Filing Date: January 22, 2018

According to the Complaint, Southcross is a limited partnership organized and existing under the laws of the State of Delaware. Southcross sources, purchases, gathers, processes, treats, compresses and transports natural gas.

Plaintiff brings this class action on behalf of the public unitholders of Southcross Energy Partners, L.P. (“Southcross” or the “Company”) against Southcross Energy Partners GP, LLC’s Board of Directors (the “Board” or the “Individual Defendants”), which manages the Company, and the Board of Directors of Southcross Holdings GP LLC (the “Holdings Board”) for their violations of Section 14(a) and 20(a) of the Securities Exchange Act of 1934, 15.U.S.C. §§ 78n(a), 78t(a), and SEC Rule 14a-9, 17 C.F.R. 240.14a-9, arising out of the Board’s attempt to sell the Company to American Midstream Partners, LP through its wholly-owned subsidiary Cherokee Merger Sub LLC (collectively “AMID”).

The Complaint alleges that Defendants have violated the above-referenced Sections of the Exchange Act by
causing a materially incomplete and misleading preliminary registration statement (the “Registration Statement”) to be filed with the Securities and Exchange Commission (“SEC”) on January 11, 2018.


Sector: Utilities
Industry: Natural Gas Utilities
Headquarters: United States


Ticker Symbol: SXE
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: N.D. Texas
DOCKET #: 18-CV-00158
JUDGE: Hon. David C Godbey
DATE FILED: 01/22/2018
CLASS PERIOD END: 01/22/2018
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