SunCoke Energy Partners, L.P. (SXCP)

Faruqi & Faruqi, LLP Announces Filing of a Class Action Lawsuit Against SunCoke Energy Partners, L.P. (SXCP)

Notice is hereby given that Faruqi & Faruqi, LLP has filed a class action lawsuit in the United States District Court for the District of Delaware, Case No. 1:19-cv-00693-CFC, on behalf of shareholders of SunCoke Energy Partners, L.P. (“SXCP” or the “Company”) (NYSE:SXCP) who have been harmed by SunCoke’s and its board of directors’ (the “Board”) alleged violations of Sections 14(a) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) in connection with the proposed merger of the Company with SunCoke Energy, Inc. (“SunCoke”).

On February 5, 2019, the Board caused the Company to enter into an Agreement and Plan of Merger (“Proposed Transaction”) under which SXCP unitholders will have the right to receive 1.40 shares of common stock of SunCoke for each SXCP unit they own plus a fraction of a share of SunCoke common stock equal to the product of the number of days, beginning with the first day of the most recent full calendar quarter with respect to which an SXCP unitholder distribution record date has not occurred and ending on the day immediately prior to the closing of the merger, multiplied by a daily distribution rate equal to the quotient of the most recent regular quarterly cash distribution paid by SXCP divided by 90, whose product is then divided by $10.91, the closing price of SunCoke common stock as of February 1, 2019 (the “Merger Consideration”).

The complaint alleges that the Form S-4 Registration Statement filed with the Securities and Exchange Commission (“SEC”) violates Sections 14(a) and 20(a) of the Exchange Act because it provides materially incomplete and misleading information about the Company and the Proposed Transaction, including information concerning the Company’s financial projections and analysis, on which the Board relied to recommend the Proposed Transaction as fair to SXCP unitholders.

If you wish to obtain information concerning this action, you can do so by filing out the form below.

Contact us

SunCoke Energy Partners, L.P. (SXCP)

Loading captcha, please wait...

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


Filed on 05/07/2019


Court District of Delaware

Lead Plaintiff Deadline 07/08/2019


685 Third Avenue 26th Floor

10017 New York, New York

Phone (212) 983-9330

Fax (212) 983-9331


James M. Wilson, Jr. Phone (212) 983-9330 Fax (212) 983-9331

Finding us

Our Offices

Our offices are nationwide. If you have any questions about a case or our firm, please contact us.

New York

685 Third Avenue 26th Floor
New York, New York 10017
(212) 983-9330
(877) 247-4292
(212) 983-9331


10866 Wilshire Boulevard Suite 1470
Los Angeles, California 90024
(424) 256-2884
(424) 256-2885


3828 Kennett Pike Suite 201
Wilmington, Delaware 19807
(302) 482-3182
(302) 482-3612


3975 Roswell Rd Suite A
Atlanta, Georgia 30342
(404) 847-0617
(404) 506-9534


1617 JFK Boulevard, Suite 1550
Philadelphia, Pennsylvania 19103
(215) 277-5770
(215) 277-5771

Faruqi & Faruqi office in New York, New York

Faruqi & Faruqi office in Los Angeles, California

Faruqi & Faruqi office in Wilmington, Delaware

Faruqi & Faruqi office in Atlanta, Georgia

Faruqi & Faruqi office in Philadelphia, Pennsylvania