Hey guys, if you missed it, the court finally approved the settlement between EQT and its investors over misleading them about the benefits of its 2017 acquisition of Rice Energy.
Quick recap: In 2017, EQT promoted the acquisition of Rice Energy as a move that would bring major operational efficiencies and financial gains for everyone. But as operational results lagged behind those promises, $EQT dropped sharply, and the company faced a lawsuit from shareholders.
Now, the company agreed to settle and pay investors for their losses, and the court set the deadline for December 10, 2025. So, if you were damaged by this situation back then, you can check the details and file a claim here or through the settlement admin website.
Hope it helps!
Source: 11thestate