The information contained on this web page is only a summary of information presented in more detail in the Notice of (I) Proposed Class Action Settlement; (II) Settlement Hearing; and (III) Motion for Attorneys’ Fees and Litigation Expenses (“Settlement Notice”), which you can access by clicking here. Since this website is just a summary, you should review the Settlement Notice for additional details.
Please also be advised that the Lead Plaintiffs Government of Guam Retirement Fund (“Guam”), Eastern Atlantic States Carpenters Annuity Fund (f/k/a Northeast Carpenters Annuity Fund), and Eastern Atlantic States Carpenters Pension Fund (f/k/a Northeast Carpenters Pension Fund) (together, “EAS Carpenters”), and additional Plaintiff Cambridge Retirement System (collectively, “Plaintiffs”), on behalf of themselves and the Class (as defined in ¶ 23 of the Settlement Notice), have reached a proposed settlement of the Action for $167,500,000 in cash that, if approved, will resolve all claims in the Action (the “Settlement”).
If you are a member of the Class, your legal rights will be affected whether or not you act. If you are a member of the Class, you are subject to the Settlement, unless you previously requested to be excluded from the Class. The Class was certified by the Court’s Order dated August 11, 2022 and consists of:
All persons and entities who:
(i) purchased the common stock of EQT during the period from June 19, 2017 through June 17, 2019 (the “Class Period”);
(ii) held EQT shares as of the record date of September 25, 2017 and were entitled to vote with respect to the Acquisition at the November 9, 2017 special meeting of EQT shareholders;
(iii) held Rice shares as of the record date of September 21, 2017 and were entitled to vote with respect to the Acquisition at the November 9, 2017 special meeting of Rice shareholders; and/or
(iv) acquired the common stock of EQT in exchange for their shares of Rice common stock in connection with the Acquisition, and were damaged thereby.
Certain persons and entities are excluded from the Settlement Class by definition (see ¶ 23 of the Settlement Notice). Also excluded from the Class are all persons and entities who previously requested exclusion from the Class in connection with the mailing of the Class Notice. A list of the persons and entities who requested exclusion is available.
Please read the Settlement Notice carefully to fully understand your rights and options.
If you are a Class Member and you wish to be eligible to participate in the distribution of proceeds from the Settlement, you are required to submit the Claim Form, which is being distributed with this Settlement Notice, and the required supporting documentation as set forth therein postmarked (or submitted online via this website) no later than December 10, 2025.
If the Court approves the Settlement and a plan of allocation, then payments to Authorized Claimants will be made after any appeals are resolved and after the completion of all claims processing. Please be patient, as this process can take some time.
If you have questions, you may call the EQT Corporation Securities Litigation Helpline at (877)-388-1761 or email info@EQTSecuritiesLitigation.com.
PLEASE READ THE SETTLEMENT NOTICE CAREFULLY.
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SUBMIT A CLAIM FORM POSTMARKED OR SUBMITTED ONLINE NO LATER THAN DECEMBER 10, 2025. |
This is the only way to be eligible to receive a payment from the Settlement Fund. If you are a Class Member, you will be bound by the Settlement as approved by the Court and you will give up any Released Plaintiffs’ Claims (defined in ¶ 34 of the Settlement Notice) that you have against Defendants and the other Defendants’ Releasees (defined in ¶ 35 of the Settlement Notice), so it is in your interest to submit a Claim Form. |
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OBJECT TO THE SETTLEMENT BY SUBMITTING A WRITTEN OBJECTION SO THAT IT IS RECEIVED NO LATER THAN OCTOBER 9, 2025. |
If you do not like the proposed Settlement, the proposed Plan of Allocation, or the request for attorneys’ fees and Litigation Expenses, you may write to the Court and explain why you do not like them. You cannot object to the Settlement, the Plan of Allocation, or the fee and expense request unless you are a Class Member. |
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GO TO A HEARING ON OCTOBER 30, 2025 AT 10:00 A.M., AND FILE A NOTICE OF INTENTION TO APPEAR SO THAT IT IS RECEIVED NO LATER THAN OCTOBER 9, 2025. |
Filing a written objection and notice of intention to appear by October 9, 2025 allows you to speak in Court, at the discretion of the Court, about the fairness of the proposed Settlement, the Plan of Allocation, and/or the request for attorneys’ fees and Litigation Expenses. If you submit a written objection, you may (but you do not have to) attend the hearing and, at the discretion of the Court, speak to the Court about your objection. |
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DO NOTHING. |
If you are a member of the Class and you do not submit a valid Claim Form, you will not be eligible to receive any payment from the Settlement Fund. You will, however, remain a member of the Class, which means that you give up your right to sue about the claims that are resolved by the Settlement and you will be bound by any judgments or orders entered by the Court in the Action. |