SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of NuStar Energy L.P. (NYSE – NS)

BALA CYNWYD – January 22, 2024 /Newsfile/ – Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of NuStar Energy L.P. (“NuStar” or the “Company”) (NYSE – NS) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the sale of the Company to Sunoco LP  (“Sunoco”) (NYSE – SUN). Under the terms of the agreement, NuStar common unitholders will receive 0.400 Sunoco common units for each NuStar common unit.

The investigation concerns whether the NuStar Board breached its fiduciary duties to unitholders by failing to conduct a fair process, including whether Sunoco is paying fair value to unitholders of the Company.

If you own unitss of NuStar 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 clients@brodsky-smith.com, 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.