Harwood Feffer LLP Announces Investigation of Plains GP Holdings, L.P. and Plains All American Pipeline, L.P.

Aug 19, 2015, 16:27 ET from Harwood Feffer LLP

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.

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