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EQT Corporation Securities Fraud Class Action

CompanyEQT Corporation
CourtUnited States District Court for the Western District of Pennsylvania
Case Number19-cv-00754
JudgeHonorable Robert J. Colville
Class PeriodJune 19, 2017 through June 17, 2019
Security TypeCommon Stock
StatusSettlement Approved
Value$167,500,000

The settlement of this federal securities fraud class action lawsuit is on behalf of EQT Corporation (“EQT”) (NYSE: EQT) investors who:  (1) purchased or otherwise acquired EQT common stock between June 19, 2017 and June 17, 2019, inclusive (the “Class Period”); (2) acquired  EQT common stock in exchange for their shares of Rice Energy Inc. common stock in connection with EQT’s acquisition of Rice Energy Inc.; (3) held EQT shares as of September 25, 2017 and were entitled to vote with respect to the Acquisition at the November 9, 2017 special meeting of EQT shareholders; and/or (4) held Rice shares as of September 21, 2017 and were entitled to vote with respect to the Acquisition at the Meeting.

EQT agreed to pay $167,500,000 to resolve this class action lawsuit alleging the company and certain of its officers and/or directors violated federal securities laws by making false or misleading statements.

What’s the status of the Settlement? 
On November 4, 2025, the Court granted Final Approval of the Class Action Settlement. This action has concluded.

Who can file a claim?
The settlement class includes all persons or entities who:

  • Purchased or otherwise acquired EQT common stock between June 19, 2017 and June 17, 2019, inclusive; 
  • Acquired EQT common stock in exchange for their shares of Rice common stock in connection with the Acquisition; 
  • Held EQT shares as of September 25, 2017 and were entitled to vote with respect to the Acquisition at the Meeting; and/or 
  • Held Rice shares as of September 21, 2017 and were entitled to vote with respect to the Acquisition at the Meeting.

How much is the Settlement Payment?
Pro rata payment: The total settlement fund is $167,500,000. The amount each class member receives will depend on several factors, including:

  • The number of valid claims submitted
  • The number of shares purchased and sold
  • The dates of purchase and sale
  • The price paid for the shares and the price received upon sale

How do I file a claim?
The deadline to file a claim was December 10, 2025. To submit a claim and/or to find additional information regarding the terms of the settlement and claim filing process, go to www.EQTSecuritiesLitigation.com, or contact the claims administrator, A.B. Data, Ltd., at 1-877-388-1761. 

If you wish to discuss this action or have any questions, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453; toll-free at (844) 887-9500; or via e-mail at info@ktmc.com.

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