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Spectra Energy Partners, LP (NYSE:SEP) Investor Filed Lawsuit Against Certain Directors In Connection With $3 Billion Investment

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Lawsuit Overview

March 11, 2016 (Shareholders Foundation) - An investor in shares of Spectra Energy Partners, LP (NYSE:SEP) filed a lawsuit over potential breaches of fiduciary duties by certain directors at Spectra Energy Partners in connection with a $3 billion investment midstream joint venture that shortchanged investors to the tune of $500 million. The plaintiff claims that when Phillips 66 Co. ...



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