A lawsuit was filed on behalf of unitholders of ETP. The lawsuit seeks to provide compensation for unitholders who acquired the units since at least last year. If you are a unitholder of ETP and would like further information concerning the lawsuit and how it affects your rigths including obtaining recoveries for any losses, please contact law firm toll free at 877-772-3975.
I believe the lawsuit is about the way ETE is using ETP for its own purposes. It stole like $100 million to allow it to buy Southern Union and then shifts assets back and forth for Sunoco and other deals. Basically, its harming ETP for its own benefit. Absent these changes, ETP would be paying out a higher dividend.