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Robert C. Skaggs, Jr. and Stephen P. Smith settle $79 million with investors in Columbia Pipeline Group, Inc. Merger Litigation.

Columbia Pipeline Group

All public stockholders of Columbia Pipeline Group, Inc. at any time from July 6, 2015, through and including July 1, 2016, including any and all of their respective successors-in-interest, successors, predecessors-in-interest, predecessors, assigns, and transferees, may be entitled to a payout.

Do I have to sell securities to be eligible?

No, if you have purchased securities within the class period, you are eligible to participate.

You can participate in the settlement and retain (or sell) your securities.

The final payout amount depends on your specific trades and the number of investors participating in the settlement.

If 100% of investors file their claims - the average payout will be $0.22 per share. Although typically only 25% of investors file claims, in this case, the average recovery will be $0.88 per share.

The entire process usually takes 4 to 9 months after the claim deadline. But the exact timing depends on the court and settlement administration.

11thestate is an investor recovery company, we help investors to track and collect securities class action settlements. We will:

Audit the claim and make sure you get the maximum possible payout

File a claim with the settlement administration

Correspond with the settlement administration to resolve emerging issues

Deliver payout directly to your brokerage account

There is no upfront cost, but we will deduct 20% of the recovered amount as a commission for our services.

Disbursement

Breach of Fiduciary duty

Directors

Management

Shareholder

Columbia Pipeline Group $79M Merger Settlement

columbia-pipeline-merger-settlement

Stocks

Long

DELISTED - Columbia Pipeline Group, Inc., together with its subsidiaries, owns, operates, and develops a portfolio of pipelines, storage, and related midstream assets. It owns approximately 15,000 miles of interstate gas pipelines from New York to the Gulf of Mexico; and natural gas storage systems with approximately 300 million dekatherms (MMDth) of working gas capacity, as well as related gathering and processing assets. The company is headquartered in Houston, Texas. Columbia Pipeline Group, Inc. (NYSE:CPGX.WI) operates independently of NiSource Inc. as of July 1, 2015.

Columbia Pipeline Group $79M Merger Settlement

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