Federal Judge Approves EQT $53.5M WV Class Action Settlement

In February MDN brought you the news that EQT had settled a class action lawsuit in West Virginia with landowners and rights owners ending EQT’s practice of post-production deductions from royalty checks (see EQT Settles WV Class Action Royalty Lawsuit for $53.5M). EQT agreed to pay $53.5 million into a settlement fund that will disburse payments to each individual litigant–unless they elect to opt out of the settlement and continue on with a private lawsuit against EQT. Courts take a looooooooooong time to do anything, including putting a stamp of approval on this settlement.

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