Equitrans Midstream Corporation (ETRN)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Equitrans Midstream Corporation (“Equitrans” or “the Company”) (NYSE: ETRN). Investors who purchased Equitrans securities are encouraged to obtain additional information and assist the investigation.
The investigation concerns whether Equitrans has violated federal securities laws.
Investigation Details:
On October 18, 2023, Equitrans disclosed that it now expects the construction of the Company’s Mountain Valley Pipeline (“MVP”) project to be completed in the first quarter of 2024, later than its earlier forecast of year-end 2023. The Company stated that it anticipates the total cost of the project rising to approximately $7.2 billion, advising that the ramp-up of MVP’s contractor workforce has been “slower and more challenging than expected, due to multiple crews electing not to work on the project based on the history of court-related construction stops, and the inability to recruit crews with required and sufficient experience.” On this news, Equitrans’s stock price fell sharply during intraday trading on October 19, 2023.
What’s Next?
If you are aware of any facts relating to this investigation or purchased Equitrans securities, you can assist this investigation. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.
There is No Cost to You
We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.
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Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
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Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
212-697-6484 | [email protected]