Faruqi and Faruqui, LLP Logo
Share this page

JP Energy Partners LP (JPEP)



Faruqi & Faruqi, LLP Announces the Investigation of JP Energy Partners LP (JPEP) Over the Proposed Sale of the Company to American Midstream Partners, LP

Nadeem Faruqi, founding partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of JP Energy Partners LP (“JP Energy” or the “Company”) (NYSE:JPEP) for potential breaches of fiduciary duties in connection with the sale of the Company to American Midstream Partners, LP (“American Midstream”) for approximately $312.45 million in an all-stock transaction. 

The Company’s stockholders will only receive 0.5775 of American Midstream stock for each share of Company common stock they own, or approximately $8.40 per share based on American Midstream’s closing price on October 26, 2016. However, this consideration is below at least one analyst’s price target of $10.75 per share and JP Energy’s 52-week high of $10.08 per share.

If you own common stock in JP Energy and wish to obtain additional information and protect your investments free of charge, please fill out the form below or contact Nadeem Faruqi, Esq. either via e-mail at nfaruqi@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.  You may also contact Juan E. Monteverde, Esq.  either via email at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.

Request Information

Please tell us about yourself by completing the form below and we will provide you with additional
information at no cost to you on how to join the Class Action.

  • Company:
    JP Energy Partners LP (JPEP)

* The submission of this form does not create an attorney-client relationship.

Contact Counsel

Nadeem Faruqi
Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330


Case Details


  • 10/27/2016

Send Information

If you have information regarding this case that you would like to make available, please click here to contact us about our investigation.