On or around 02/06/2020 (Date of last review)
Filing Date: January 31, 2020
According to the Complaint, Tallgrass Energy, LP (TGE) is a limited partnership that owns, operates, acquires and develops midstream energy assets in North America. The Partnership operates and owns its operating assets through its direct and indirect subsidiaries. Tallgrass maintains three reportable business segments: Natural Gas Transportation, Crude Oil Transportation, and Gathering, Processing & Terminalling.
On December 16, 2019, the Board caused the Partnership to enter into an agreement and plan of merger between TGE and affiliates of Blackstone Infrastructure Partners together with affiliates of Enagas, GIC, NPS and USS, pursuant to which the Partnership’s shareholders stand to receive $22.45 in cash for each Class A share representing a limited partner interest of TGE they own.
The Complaint alleges that on January 21, 2020, in order to convince TGE shareholders to vote in favor of the Proposed Transaction, the Board authorized the filing of a materially incomplete and misleading Form PREM14A Preliminary Proxy Statement with the Securities and Exchange Commission.
Company & Securities Information
Defendant: Tallgrass Energy, LP
Industry: Oil & Gas Operations
Headquarters: United States
Ticker Symbol: TGE
Company Market: New York SE
Market Status: Public (Listed)
About the Company & Securities Data
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First Identified Complaint
David Fisk, et al. v. Tallgrass Energy, LP, et al.
COURT: D. Delaware
DOCKET #: 20-CV-00155
JUDGE: Hon. Maryellen Noreika
DATE FILED: 01/31/2020
CLASS PERIOD START: 12/17/2019
CLASS PERIOD END: 01/31/2020
PLAINTIFF FIRMS NAMED IN COMPLAINT:
Faruqi & Faruqi, LLP (Wilmington 2019)
First Identified Complaint (FIC) Filings:
Class Action Complaint for Violations of Sections 14(a) and 20(a) of the Securities Exchange Act of 1934
U.S. District Court Civil Docket
—Reference Complaint Complaint Related Data is not available
Related District Court Filings
—Related District Court Filings Data is not available