Energy Transfer Securities Litigation Settlement
Last verified September 18, 2026Source: jndHow ClaimWatch verifies cases
This settlement is closed to new claims. You can still see what it was about and follow the case in court below. Looking for money you can still claim? Browse open settlements →
What happened
Energy Transfer LP and four individual defendants allegedly violated federal securities laws by making false and misleading statements regarding Energy Transfer's construction of pipeline projects in Pennsylvania. The investors alleged these misstatements occurred during the class period. The defendants have settled the case for $15 million without admitting any wrongdoing.
Do you qualify?
All persons who purchased or otherwise acquired common units of Energy Transfer between February 25, 2017, and November 11, 2019. Excluded are Energy Transfer itself, its directors and officers during the class period and their families, subsidiaries, parents, affiliates, entities in which Energy Transfer had a controlling interest, and those who timely requested exclusion.
Who is in the class
all persons who purchased or otherwise acquired common units of Energy Transfer between February 25, 2017, and November 11, 2019, inclusive (the "Class Period").
Quoted from the settlement notice.
How to file
File a claim through the settlement website or by contacting the Claims Administrator, JND Legal Administration, at (844) 717-0724, info@EnergyTransferSecuritiesLitigation.com, or by mail at P.O. Box 91415, Seattle, WA 98111. The court approved the settlement and plan of allocation on October 8, 2025.
Common questions
- How much does the Energy Transfer Securities Litigation Settlement pay?
- The total settlement fund is $15M. Actual amounts depend on how many valid claims are filed — most settlements divide a fixed fund pro rata, so a higher claim rate means a smaller individual check. An "up to" figure is a cap, not a guarantee.
- Is the Energy Transfer Securities Litigation Settlement notice real, or a scam?
- JND Legal Administration is the settlement administrator for this case. Claims are filed at energytransfersecuritieslitigation.com. Filing a class action claim is always free — no legitimate settlement charges you to claim, and no administrator will ask for payment, a gift card, or your full Social Security number by email or text. If a notice asks for any of those, it is not from the administrator. When in doubt, ignore the link you were sent and go to the official settlement website directly.
- When will payments from the Energy Transfer Securities Litigation Settlement be sent?
- Class action payouts typically take 12 to 24 months after the claim deadline, and longer if the settlement is appealed. The final approval hearing for this case is set for October 7, 2025; no payments can be issued before a settlement receives final approval.
Who's involved
Plaintiffs
- ALLEGHENY COUNTY EMPLOYEES' RETIREMENT SYSTEM
Defendants
- MATTHEW S. RAMSEY
- MARSHALL S. MCCREA, III
- THOMAS E. LONG
- JOHN W. MCREYNOLDS
- KELCY L. WARREN
- ENERGY TRANSFER LP
Counsel for plaintiffs
- Jordan R. LaportaBarrack, Rodos & Bacine
- TIMOTHY G. FLEMINGBernstein Litowitz Berger & Grossmann LLP
- LI YUBERNSTEIN LITOWITZ BERGER & GROSSMANN LLP
- JOHN J. RIZIO-HAMILTONBERNSTEIN LITOWITZ BERGER & GROSSMANN LLP
- BRENDAN T. WALDENBernstein Litowitz Berger & Grossmann LLP
- DANIELLE M. WEISSBarrack, Rodos & Bacine
- ANDREW JIMIN HEOBarrack, Rodos & Bacine
- RICHARD D. GLUCKSeltzer Caplan McMahon Vitek
- MEGHAN JANE TALBOTPogust Goodhead LLC
- CHAD ALLEN CARDERBARRACK, RODOS & BACINE
- MICHAEL M. MATHAIBERNSTEIN LITOWITZ BERGER & GROSSMANN LLP
- JAMES M. FEELabaton Keller Sucharow LLP
- MATHEW HOUGHBERNSTEIN LITOWITZ BERGER & GROSSMANN LLP
- JOHN CHRISTOPHER BROWNEBERNSTEIN LITOWITZ BERGER & GROSSMAN LLP
- ADAM H. WIERZBOWSKIBERNSTEIN LITOWITZ BERGER & GROSSMANN LLP
- JEFFREY W. GOLANBARRACK RODOS & BACINE
- JEFFREY A. BARRACKBARRACK, RODOS & BACINE
- MARK S. GOLDMANGOLDMAN SCARLATO & PENNY PC
- ROBERT A. HOFFMANBARRACK, RODOS & BACINE
- LAWRENCE F. STENGELSAXTON STUMP
- JACOB A. GOLDBERGTHE ROSEN LAW FIRM
- JAMES M. FICAROTHE WEISER LAW FIRM PC
Counsel for defendants
- AMANDA F. LASHNERMorgan Lewis & Bockius LLP
- JAMES FREDERICK HOPPER , JR.Brown Fox PLLC
- JOHN T. COX , IIIGibson Dunn & Crutcher LLP
- COLIN B. DAVISGibson, Dunn & Crutcher LLP
- Brian Michael LutzGibson, Dunn & Crutcher LLP
- BRIAN M. LUTZGIBSON, DUNN & CRUTCHER LLP
- KAREN PIESLAK POHLMANNMorgan, Lewis & Bockius LLP
- DIANA AMARAL SILVAManko, Gold, Katcher & Fox, LLP
- GRAHAM CARNEYVINSON & ELKINS LLP
- K. VIRGINIA BURKE DEBEERVinson & Elkins
- ROBERT P. RITCHIEVINSON & ELKINS LLP
- MICHAEL C. HOLMESVINSON & ELKINS LLP
- CRAIG ZIEMINSKIVINSON & ELKINS LLP
- MARC J. SONNENFELDMORGAN, LEWIS & BOCKIUS LLP
- LAURA H. MCNALLYMorgan, Lewis & Bockius LLP
- CURTIS J. CROWTHERRobinson & Cole LLP
Parties and counsel from the public court docket. Listing an attorney here isn't an endorsement, and ClaimWatch isn't affiliated with any of them.
In the news
- Before You Buy Energy Transfer or Enterprise Products for the Yield, Here's the Complication Nobody MentionsBiztoc.com · September 10, 2026
- Is Ultra-High-Yield Energy Transfer a Buy Now?Biztoc.com · September 6, 2026
- Bilionaire Energy Transfer Co-founder Kelcy Warren Buys $21.3 Million Units. What Does This Mean for Investors?Biztoc.com · August 22, 2026
- This 6.7%-Yielding Pipeline Stock Just Raised Its Payout Again -- Here's Why There's No Stopping It NowBiztoc.com · August 1, 2026
Headlines via NewsAPI. ClaimWatch isn't affiliated with these publications.
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This summary was generated from public settlement documents and may contain errors. Confirm eligibility, deadlines, and payment terms on the official settlement website before filing. ClaimWatch is not a law firm and this is not legal advice. Filing a claim is free.
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