SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Crestwood Equity Partners LP (NYSE – CEQP)

BALA CYNWYD – August 16, 2023 /Globe Newswire/ – Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Crestwood Equity Partners LP (“Crestwood” or the “Company”) (NYSE: CEQP) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the sale of the Company to Energy Transfer LP (“Energy Transfer”) (NYSE – ET). Under the terms of the agreement, Crestwood common unitholders will receive 2.07 Energy Transfer common units for each Crestwood common unit. Upon closing, Crestwood common unitholders are expected to own approximately 6.5% of Energy Transfer’s outstanding common units.

The investigation concerns whether the Crestwood Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether Energy Transfer is paying fair value to shareholders of the Company.

If you own shares of Crestwood stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman by email at, or call toll free 855-576-4847.

Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.