Natural Gas MoKan Antitrust Settlement

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Natural Gas MoKan Antitrust Settlement
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If You are a Commercial or Industrial Entity that Purchased Natural Gas in Missouri or Kansas, Class Action Settlements May Affect You.

You or your company may have purchased natural gas for your own use or consumption in

Missouri or Kansas from January 1, 2000 through October 31, 2002.

The information currently contained on this website is only a summary. You may download a full copy of the Notice by clicking here.

Class action lawsuits brought on behalf of certain commercial and industrial purchasers of natural gas for their own use or consumption in Missouri or Kansas during the period from January 1, 2000, to October 31, 2002 (the “Class Period”) are currently pending in the United States District Court for the District of Nevada.

The lawsuits allege that Defendants (listed below) and Co-Conspirators engaged in an unlawful agreement or conspiracy to manipulate the prices of natural gas during the Class Period. Plaintiffs further claim that certain commercial and industrial purchasers who purchased natural gas other than from utilities or local distribution companies and for their own use or consumption in Missouri or Kansas may recover for the effect that the alleged conspiracy had on the prices of the natural gas they purchased.  Plaintiffs allege that, as result of the unlawful conspiracy, they and other commercial and industrial purchasers paid more for natural gas than they would have absent the conspiracy. Defendants deny Plaintiffs’ claims.

Settlements have been reached with the following Defendants: The Williams Companies, Inc., Williams Merchant Services Company, LLC (f/k/a Williams Merchant Services Company, Inc.), and Williams Gas Marketing, Inc. (f/k/a Williams Power Company, Inc. and Williams Energy Marketing & Trading) (collectively, “Williams”); Vistra Energy Corp. (as successor in interest to Dynegy Illinois Inc. and Dynegy GP Inc.), Dynegy Power Marketing, LLC (as successor in interest to DMT G.P. L.L.C.), and Dynegy Marketing and Trade, L.L.C. (collectively, “Dynegy”); and e prime, Inc. and Xcel Energy, Inc. (collectively, “e prime,” and collectively along with Williams and Dynegy, the “Settling Defendants”).

A third notice was sent for this case on/around May 15, 2019. The first notice involved settlements in Kansas, Missouri, and Wisconsin with American Electric Power Company, Inc. and certain of its affiliates; Coral Energy Resources, LP and certain of its affiliates; Duke Energy Carolinas, LLC and certain of its affiliates; and ONEOK, Inc. and certain of its affiliates. The second notice involved settlements in Missouri  and Kansas with El Paso Corporation and certain of its affiliates; CMS Energy Corporation and certain of its affiliates; and CMS Field Services, Inc. The Court has now approved additional settlements for natural gas purchases in Missouri or Kansas only with Williams, Dynegy, and e prime.

Your legal rights may be affected whether you act or don’t act. The Notice includes information on the settlements and the lawsuits. Please read the entire Notice carefully.

These rights and options—and deadlines to exercise them—are explained below:


Do Nothing

Remain a member of the Missouri Settlement Class or the Kansas Settlement Class

Opt Out

By July 15, 2019

If you exclude yourself from the Missouri Settlement Class or the Kansas Settlement Class, you will not get any money from the settlements, and you may not intervene as a party plaintiff in any of the Actions. You will also retain rights to sue any of the Settling Defendants about claims concerning the sale of natural gas during the Class Period.

To request exclusion you must mail your exclusion request, postmarked no later than  July 15, 2019.

Object

By July 8, 2019

You can ask the Court to deny approval of the settlements by filing an objection. You can’t ask the Court to order a larger settlement; the Court can only approve or disapprove the settlements.

Any such objection must be both filed with the United States District Court for the District of Nevada on or before July 8, 2019, and mailed to Class Counsel or the Settlement Administrator, and to counsel for each of the Settling Defendants, and postmarked by July 8, 2019.

Final

Approval

Hearing

A Final Approval Hearing will be held on August 6, 2019 at 9:00 a.m. in Courtroom 4B of the Lloyd D. George Federal Courthouse, 333 S. Las Vegas Blvd, Las Vegas, Nevada 89101. You may appear at the Final Approval Hearing in person or through your own attorney. In order to appear at the Final Approval Hearing, you must provide the Court with written notice of your intention to appear.



 
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