Dec. 1 at 3:42 PM
$ET has agreed to a settlement with investors to resolve claims that it misled them about permit issues and legal risks tied to its pipeline projects.
Who’s eligible?
Anyone who purchased
$ET units between February 25, 2017 and February 7, 2020.
Do I need to sell my shares to qualify?
No — you are eligible whether you sold your units or still hold them.
How much is the payout?
The payout per unit is
$0.018 — but if only ~25% of eligible investors file, the effective payout could increase to
$0.072.
Can I still file?
Yes — late claims are currently being accepted, subject to approval.
When do payouts happen?
Typically within 8–12 months after court approval of the settlement.
To file your claim: https://11th.com/cases/energytransfer-investor-settlement