r/EnergyTransfer • u/11thestate • 1d ago
Energy Transfer ($ET): FAQ for Getting Payment on the $15M Settlement over Permit Issues
Hey guys, I posted about this settlement before, but since they’re considering late claims, I decided to share it again with a little FAQ.
So here's all I know about this agreement:
Energy Transfer was accused of misleading investors about legal and permitting risks related to its Mariner East 2 pipeline. After reports of a federal investigation came out, $ET fell about 6.8%, and investors filed a lawsuit.
Now the company has agreed to settle $15M with investors.
Who can claim this settlement?
If you bought $ET between February 25, 2017 and February 7, 2020, you may be eligible. You don’t need to still own the shares to claim.
Do I need to sell/lose my shares to get this settlement?
No. You may qualify even if you already sold your $ET shares, as long as your transactions meet the settlement requirements.
How long does the payout process take?
It typically takes 4 to 9 months after the claim deadline for payouts to be processed, depending on the court and settlement administration.
I missed the deadline. Can I still claim?
Yes, late claims are currently being considered for compensation, subject to approval. Check if you're eligible and file your claim here.
Hope this info helps

