On or around 02/15/2019 (Notice of voluntarily dismissal)
Filing Date: February 07, 2019
According to the Complaint, this action stems from a proposed transaction announced on November 8, 2018 (the “Proposed Transaction”), pursuant to which Western Gas Partners, LP (“WES” or the “Partnership”) will be acquired by Western Gas Equity Partners, LP and its affiliates (“WGP”).
On January 28, 2019, Defendants filed a proxy statement (the “Proxy Statement”) with the United States Securities and Exchange Commission (“SEC”) in connection with the Proposed Transaction. The Complaint alleges that the Proxy Statement, which scheduled a unitholder vote on the Proposed Transaction for February 27, 2019, omits material information with respect to the Proposed Transaction, which renders the Proxy Statement false and misleading.
This case was voluntarily dismissed on February 15, 2019.
Company & Securities Information
Defendant: Western Gas Partners, LP
Industry: Oil & Gas - Integrated
Headquarters: United States
Ticker Symbol: WES
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.
First Identified Complaint
Eric Sabatini, et al. v. Western Gas Partners, LP, et al.