Energy Transfer $15M Securities Class Action Settlement
Did you purchase or otherwise acquire Energy Transfer LP common units between February 25, 2017 and November 11, 2019? You could receive a cash payment from a $15 million securities settlement. Submit your claim by November 28, 2025 to secure your share.
Who Is Eligible?
- All persons and entities that bought or otherwise acquired Energy Transfer (NYSE: ETE or ET; CUSIP 29273V100) common units from 02/25/2017 through 11/11/2019.
- You must have held those units through at least one date when corrective information reached the market.
- Units received via conversion (e.g., Energy Transfer Partners LP) during the class period also qualify.
Potential Cash Recovery
The $15 million fund will be distributed pro rata after deducting court-approved fees and expenses.
- Estimated average recovery: $0.005 per eligible unit (before deductions).
- Your payment depends on the number of valid claims, your purchase/acquisition dates, holding periods, and sales prices.
- If your calculated award is under $10, you will not receive a distribution.
How to File a Claim
- File online through the settlement portal, or
- Download, print, and mail the official claim form.
Required Documentation
- Last four digits of Social Security or tax ID number, and relevant account numbers.
- Proof of all transactions and holdings, such as brokerage confirmation slips, monthly statements, or a broker’s letter.
- Submit copies only―keep your originals.
Mailing address:
Energy Transfer Securities Litigation
c/o JND Legal Administration
P.O. Box 91415
Seattle, WA 98111
Important Dates
- Fairness hearing: October 7, 2025
- Claim deadline: November 28, 2025
- Payments will be sent after final court approval and resolution of any appeals.
Why the Case Settled
Plaintiffs alleged that Energy Transfer and certain executives violated federal securities laws by issuing false or misleading statements about the status and capacity of Pennsylvania pipeline projects. These statements purportedly inflated the price of Energy Transfer units, harming investors. Energy Transfer denies any wrongdoing but has agreed to settle to avoid further litigation risk and expense.
Frequently Asked Questions
What is the Energy Transfer $15M Securities Class Action Settlement about?
The lawsuit contended that Energy Transfer misled investors regarding pipeline projects, inflating unit prices. The $15 million settlement resolves these claims without admitting fault.
How much money will I receive?
Your payment is based on a court-approved formula that considers when you bought, how long you held, and when you sold your units. The average recovery is estimated at $0.005 per qualifying unit before fees and expenses.
Do I need proof to file a claim?
Yes. You must submit documentation of all relevant transactions and holdings, plus identifying information such as the last four digits of your SSN or TIN.
When will the Energy Transfer settlement pay out?
Payments will be distributed after the court grants final approval on or after October 7 2025 and any appeals are resolved. Timing can vary, so monitor the settlement website for updates.
What happens if I do nothing?
If you take no action, you will not receive a payment but will still be bound by the settlement’s release of claims.
This article is provided for informational purposes only and does not constitute legal advice. For full details, visit the official settlement website.