Shareholder Lawsuit Filed Against ET/Sunoco re Mariner East Pipe

Two weeks ago MDN told you about rumors (unconfirmed, but they seem legit) that the FBI is investigating the PA Gov. Tom Wolf administration over how permits came to be issued for the Mariner East 2 pipeline project (see FBI Investigates Wolf Admin for Corruption re ME Pipe Permits). The allegation is that Wolf or members of his staff pressured the Dept. of Environmental Protection to approve permits for the pipeline project in return for something (money or something else). A law firm is using those rumors to launch a class action lawsuit against Energy Transfer (ET), the builder, on behalf of shareholders alleging ET “misled its investors about its business, operational and compliance policies.”

Please Login to view this content. (Not a member? Join Today!)
You do not have permission to view the comments.

Please Login to post a comment