Class Action Lawsuit Filed Against EQT for Nonpayment of Royalties
Yesterday two Pennsylvania residents filed what they hope will turn into a class action lawsuit against EQT, the largest natural gas producer in the U.S. The lawsuit claims EQT has not made required royalty payments to the two residents nor to many (hundreds? thousands?) others. The lawsuit claims, among other things, a violation of PA's Minimum Royalty Act that guarantees payments to all rights owners of at least 12.5% of the value of the produced gas.
To view this content, log into your member account. (Not a member? Join Today!)