Pipeline Company Tells 3rd Circuit Securities Fraud Case Is Not A Class Action

Mealey's (October 5, 2022, 8:29 AM EDT) -- PHILADELPHIA — A hydraulic fracturing pipeline company has petitioned the Third Circuit U.S. Court of Appeals for permission to appeal a class certification order in a securities fraud lawsuit related to permitting and construction activities for the Mariner East 2 pipeline in Pennsylvania. The company argues that the lower court committed reversible error by applying an improper standard pertaining to pricing of the securities at issue....

Pipeline Company Tells 3rd Circuit Securities Fraud Case Is Not A Class Action

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