SHAREHOLDER NOTICE: Brodsky & Smith, LLC Announces an Investigation of TC PipeLines, LP (NYSE – TCP)

BALA CYNWYD – December 15, 2020 /Access Wire/ – Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of TC PipeLines, LP (“TCP” or the “Partnership”) (NYSE – TCP) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the agreement to be acquired by TC Energy Corporation (“TC Energy”) (NYSE – TRP). Under the terms of the agreement, TC Energy will acquire all the outstanding common units of TCP not beneficially owned by TC Energy or its affiliates. TCP common unitholders will receive only 0.70 common shares of TC Energy for each TCP common unit they hold.

The investigation concerns whether the TCP Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether TC Energy is underpaying for the Company. For example, the deal consideration is well below the 52-week high of $44.65 for TCP shares.

If you own shares of TCP 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, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 510, Bala Cynwyd, PA 19004, or call toll free 855-576-4847.

Brodsky & Smith, LLC 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.