April 6, 2021 - The court granted in part and denied in part the defendants' motion to dismiss.

August 14, 2020 - A motion to dismiss the amended complaint was filed.

June 15, 2020 - An amended complaint was filed.

January 15, 2020 - The case was transferred to the U.S. District Court for the Eastern District of Pennsylvania.

November 20, 2019 - An investor in shares of Energy Transfer LP (NYSE: ET) filed a lawsuit in the U.S. District Court for the Northern District of Texas over alleged violations of Federal Securities Laws by Energy Transfer LP in connection with certain allegedly false and misleading statements made between February 25, 2017 and November 11, 2019.

Dallas, TX based Energy Transfer LP provides energy-related services in the United States and China. Energy Transfer LP reported that its annual Total Revenue rose from $40.52 billion in 2017 to $54.08 billion in 2018 and that its Net Income increased from $954 million in 2017 to over $1.694 billion in 2018.

On February 13, 2017, the Pennsylvania Department of Environmental Protection ( PADEP ) approved water-crossing and sedimentation permits for the Mariner East 2 pipeline, which would transport natural-gas liquids across Pennsylvania to a terminal in Marcus Hook. According to news sources, the permits were believed to be the final regulatory hurdle to begin construction of the pipeline.

On November 12, 2019, it was reported that that Energy Transfer's Mariner East pipeline project was under investigation by the Federal Bureau of Investigation ( FBI ). Citing interviews with current and former state employees, it was reported that the FBI's investigation involves the permitting of the pipeline, whether [Pennsylvania Governor Tom] Wolf and his administration forced environmental protection staff to approve construction permits and whether Wolf or his administration received anything in return. Units of Energy Transfer LP (NYSE: ET) declined to as low as $10.84 per share on November 13, 2019.

According to the complaint the plaintiff alleges on behalf of purchasers of Energy Transfer LP (NYSE: ET) common shares between February 25, 2017 and November 11, 2019, that the defendants violated Federal Securities Laws.

More specifically, the plaintiff claims that between February 25, 2017 and November 11, 2019, the Defendants made false and/or misleading statements and/or failed to disclose that Energy Transfer's permits to conduct the Mariner East pipeline project in Pennsylvania were secured via bribery and/or other improper conduct, that the foregoing misconduct increased the risk that the Partnership and/or certain of its employees would be subject to government and/or regulatory action; and that as a result, the Partnership's public statements were materially false and misleading at all relevant times.