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ALLEGHENY CTY. EMPS.' RET. SYS. v. ENERGY TRANSFER

CIVIL ACTION No. 20-200.

532 F.Supp.3d 189 (2021)

ALLEGHENY COUNTY EMPLOYEES' RETIREMENT SYSTEM et al. v. ENERGY TRANSFER LP et al.

United States District Court, E.D. Pennsylvania.

Filed April 6, 2021.

Attorney(s) appearing for the Case

Adam H. Wierzbowski , Mathew Hough , Michael M. Mathai , John Christopher Browne , James M. Fee , Bernstein Litowitz Berger & Grossmann LLP, New York, NY, James M. Ficaro , The Weiser Law Firm PC, Berwp, PA, Mark S. Goldman , Goldman Scarlato & Penny PC, Conshohocken, PA, Jacob A. Goldberg , The Rosen Law Firm , Jenkintown, PA, Jeffrey A. Barrack , Jeffrey W. Golan , Robert A. Hoffman , Barrack, Rodos & Bacine, Philadelphia, PA, Lawrence F. Stengel , Saxton Stump, Lancaster, PA, for Allegheny County Employees' Retirement System.

Craig Zieminski , Michael C. Holmes , Robert P. Ritchie , Vinson & Elkins LLP, Dallas, TX, Curtis J. Crowther , Young Conaway Stargatt & Taylor LLP, Wilmington, DE, Laura H. McNally , Marc J. Sonnenfeld , Morgan Lewis & Bockius LLP, Philadelphia, PA, for Energy Transfer LP, Kelcy L. Warren, Thomas E. Long.

MEMORANDUM

Table of Contents

I. INTRODUCTION...203

II. FALSITY AND MATERIALITY OF STATEMENTS...204

A. STATEMENTS REGARDING TIMELINE OF PIPELINE CONSTRUCTION...205

i. Factual Background...

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