{"id":394880,"date":"2020-12-07T18:14:16","date_gmt":"2020-12-07T23:14:16","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=394880"},"modified":"2020-12-07T18:14:16","modified_gmt":"2020-12-07T23:14:16","slug":"stock-alert-shareholder-rights-firm-labaton-sucharow-is-investigating-potential-claims-on-behalf-of-former-amerigas-partners-l-p-nyse-apu-shareholders-in-connection-with-ugi-corporation-nyse-ug","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/stock-alert-shareholder-rights-firm-labaton-sucharow-is-investigating-potential-claims-on-behalf-of-former-amerigas-partners-l-p-nyse-apu-shareholders-in-connection-with-ugi-corporation-nyse-ug\/","title":{"rendered":"STOCK ALERT: Shareholder Rights Firm Labaton Sucharow Is Investigating Potential Claims on Behalf of Former AmeriGas Partners L.P. (NYSE: APU) Shareholders in Connection with UGI Corporation (NYSE: UGI) Merger"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>STOCK ALERT: Shareholder Rights Firm Labaton Sucharow Is Investigating Potential Claims on Behalf of Former AmeriGas Partners L.P. (NYSE: APU) Shareholders in Connection with UGI Corporation (NYSE: UGI) Merger<\/b><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nLabaton Sucharow, an award winning, nationally ranked investor rights law firm is investigating UGI Corporation (NYSE: UGI) for potential securities violations.\n<\/p>\n<p>\nUGI Corporation, headquartered in King of Prussia, Pennsylvania, distributes, stores, transports and markets energy products with operations throughout the United States and Europe.\n<\/p>\n<p>\nOn August 22, 2019, UGI Corporation merged with AmeriGas Partners L.P. (NYSE: APU), a large propane distributor. In connection with the merger, AmeriGas shareholders had the option of trading in their shares for cash or UGI stock. At the time the merger closed, UGI stock was trading at approximately $47 per share. Just three months after the merger, on November 12, 2019, UGI reported disappointing earnings for its fiscal quarter ended September 30, 2019 and issued surprisingly weak earnings guidance. Among other things, UGI Corporation attributed its poor performance to unfavorable weather conditions and<b \/>capacity management margin of pipeline restrictions. On this news, analysts expressed their concern. For example, Jefferies issued a reported entitled: \u201cIn One Word: Ugly.\u201d The report noted that the earnings guidance \u201cseems to imply a severe deterioration in base operations.\u201d On this news, UGI stock dropped more than 10 percent to close at $39.86 per share.\n<\/p>\n<p>\nIf you are a former shareholder of APU who became a shareholder of UGI in the merger and you wish to learn more about your rights, please contact David J. Schwartz using the toll-free number (800) 321-0476 or via email at <a rel=\"nofollow\" href=\"mailto:dschwartz@labaton.com\">dschwartz@labaton.com<\/a>.\n<\/p>\n<p>\nAbout the Firm\n<\/p>\n<p>\nLabaton Sucharow LLP is one of the world\u2019s leading complex litigation firms representing clients in securities, antitrust, corporate governance and shareholder rights, and consumer cybersecurity and data privacy litigation. Labaton Sucharow has been recognized for its excellence by the courts and peers, and it is consistently ranked in leading industry publications. Offices are located in New York, NY, Wilmington, DE, and Washington, D.C. More information about Labaton Sucharow is available at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.labaton.com&amp;esheet=52344417&amp;newsitemid=20201207005968&amp;lan=en-US&amp;anchor=http%3A%2F%2Fwww.labaton.com&amp;index=1&amp;md5=f92434795661964b9031c9107705ed0c\">http:\/\/www.labaton.com<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201207005968r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201207005968\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201207005968\/en\/<\/a><\/span><\/p>\n<p>\nDavid J. Schwartz<br \/>\n<br \/>(800) 321-0476<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:dschwartz@labaton.com\">dschwartz@labaton.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> New York United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>STOCK ALERT: Shareholder Rights Firm Labaton Sucharow Is Investigating Potential Claims on Behalf of Former AmeriGas Partners L.P. (NYSE: APU) Shareholders in Connection with UGI Corporation (NYSE: UGI) Merger NEW YORK&#8211;(BUSINESS WIRE)&#8211; Labaton Sucharow, an award winning, nationally ranked investor rights law firm is investigating UGI Corporation (NYSE: UGI) for potential securities violations. UGI Corporation, headquartered in King of Prussia, Pennsylvania, distributes, stores, transports and markets energy products with operations throughout the United States and Europe. On August 22, 2019, UGI Corporation merged with AmeriGas Partners L.P. (NYSE: APU), a large propane distributor. In connection with the merger, AmeriGas shareholders had the option of trading in their shares for cash or UGI stock. At the time the merger closed, UGI &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/stock-alert-shareholder-rights-firm-labaton-sucharow-is-investigating-potential-claims-on-behalf-of-former-amerigas-partners-l-p-nyse-apu-shareholders-in-connection-with-ugi-corporation-nyse-ug\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;STOCK ALERT: Shareholder Rights Firm Labaton Sucharow Is Investigating Potential Claims on Behalf of Former AmeriGas Partners L.P. (NYSE: APU) Shareholders in Connection with UGI Corporation (NYSE: UGI) Merger&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-394880","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>STOCK ALERT: Shareholder Rights Firm Labaton Sucharow Is Investigating Potential Claims on Behalf of Former AmeriGas Partners L.P. (NYSE: APU) Shareholders in Connection with UGI Corporation (NYSE: UGI) Merger - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/stock-alert-shareholder-rights-firm-labaton-sucharow-is-investigating-potential-claims-on-behalf-of-former-amerigas-partners-l-p-nyse-apu-shareholders-in-connection-with-ugi-corporation-nyse-ug\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"STOCK ALERT: Shareholder Rights Firm Labaton Sucharow Is Investigating Potential Claims on Behalf of Former AmeriGas Partners L.P. 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(NYSE: APU) Shareholders in Connection with UGI Corporation (NYSE: UGI) Merger NEW YORK&#8211;(BUSINESS WIRE)&#8211; Labaton Sucharow, an award winning, nationally ranked investor rights law firm is investigating UGI Corporation (NYSE: UGI) for potential securities violations. UGI Corporation, headquartered in King of Prussia, Pennsylvania, distributes, stores, transports and markets energy products with operations throughout the United States and Europe. On August 22, 2019, UGI Corporation merged with AmeriGas Partners L.P. (NYSE: APU), a large propane distributor. In connection with the merger, AmeriGas shareholders had the option of trading in their shares for cash or UGI stock. At the time the merger closed, UGI &hellip; Continue reading \"STOCK ALERT: Shareholder Rights Firm Labaton Sucharow Is Investigating Potential Claims on Behalf of Former AmeriGas Partners L.P. 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