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PAA Plains All American Pipeline

8.76
0.00 (0.00%)
06 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Plains All American Pipeline NYSE:PAA NYSE Trust
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 8.76 0 01:00:00

Harwood Feffer LLP Announces Investigation of Plains GP Holdings, L.P. and Plains All American Pipeline, L.P.

19/08/2015 9:27pm

PR Newswire (US)


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NEW YORK, Aug. 19, 2015 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims on behalf of investors in Plains All American Pipeline, L.P. ("PPA") (NYSE: PAA) and Plains GP Holdings, L.P. ("PAGP") (NYSE: PAGP) (collectively, the "Company") concerning potential violations of the federal securities laws and/or breaches of fiduciary duties.

Harwood Feffer LLP

On May 19, 2015, a pipeline operated by the Company ruptured near Santa Barbara, CA.  At the time, Company executives dismissed the rupture as a small spill and estimated 2,400 barrels of oil were being released into the coastal ecosystem.  However, on August 5, 2015, the Company disclosed that the extent of the spill was much greater than previously stated at approximately 142,800 gallons of oil.  The U.S. Department of Justice has initiated a criminal investigation into the spill. 

Our investigation concerns whether the Company and any of its officers or directors violated the federal securities laws or breached their fiduciary duties to shareholders in connection with the foregoing.

If you own PPA units or PAGP shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com 
Follow us on Twitter: @HarwoodFeffer

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm. 

The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.

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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/harwood-feffer-llp-announces-investigation-of-plains-gp-holdings-lp-and-plains-all-american-pipeline-lp-300130959.html

SOURCE Harwood Feffer LLP

Copyright 2015 PR Newswire

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