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Southern Union Company Investors File Lawsuit To Block Proposed Merger

  • If you are a current investor in Southern Union Company (NYSE: SUG) and purchased your NYSE: SUG shares prior to the announcement, you have certain options and you should contact the Shareholders Foundation, Inc.

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Lawsuit Overview

Two investors in shares of Southern Union Company (NYSE: SUG) filed a lawsuit in State Court against directors of Southern Union in effort to stop the merger between Southern Union Company and Energy Transfer Equity LP. The plaintiff alleges the board of directors agreed to an offer that is too cheap. According to the complaint the plaintiffs allege that the board of directors breach...



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