Pipeline Company Tells 3rd Circuit Securities Fraud Case Is Not A Class Action

Mealey's ( October 5, 2022, 8:29 AM EDT) -- PHILADELPHIA — A hydraulic fracturing pipeline company has petitioned the Third Circuit U.S. Court of Appeals for permission to appeal a class certification order in a securities fraud lawsuit related to permitting and construction activities for the Mariner East 2 pipeline in Pennsylvania.  The company argues that the lower court committed reversible error by applying an improper standard pertaining to pricing of the securities at issue....