NEW YORK, Aug. 19, 2015 /PRNewswire/ -- Harwood Feffer LLP
(www.hfesq.com) is investigating potential claims on behalf of
investors in Plains All American Pipeline, L.P. ("PPA") (NYSE: PAA)
and Plains GP Holdings, L.P. ("PAGP") (NYSE: PAGP) (collectively,
the "Company") concerning potential violations of the federal
securities laws and/or breaches of fiduciary duties.
On May 19, 2015, a pipeline
operated by the Company ruptured near Santa Barbara, CA. At
the time, Company executives dismissed the rupture as a small spill
and estimated 2,400 barrels of oil were being released into the
coastal ecosystem. However, on August
5, 2015, the Company disclosed that the extent of the spill
was much greater than previously stated at approximately 142,800
gallons of oil. The U.S. Department of Justice has initiated
a criminal investigation into the spill.
Our investigation concerns whether the Company and any of its
officers or directors violated the federal securities laws or
breached their fiduciary duties to shareholders in connection with
the foregoing.
If you own PPA units or PAGP shares and wish to discuss this
matter with us, or have any questions concerning your rights and
interests with regard to this matter, please contact:
Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been
representing individual and institutional investors for many years,
serving as lead counsel in numerous cases in federal and state
courts. Please visit the Harwood Feffer LLP website
(http://www.hfesq.com) for more information about the
firm.
The law firm responsible for this advertisement is Harwood
Feffer LLP (www.hfesq.com). Prior results do not guarantee or
predict a similar outcome with respect to any future matter.
Logo -
http://photos.prnewswire.com/prnh/20120215/MM54604LOGO
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/harwood-feffer-llp-announces-investigation-of-plains-gp-holdings-lp-and-plains-all-american-pipeline-lp-300130959.html
SOURCE Harwood Feffer LLP