Two EQT Corp. shareholders filed a lawsuit in Allegheny (PA) County Court earlier this week against former top EQT executives and former EQT board members (from 2017) alleging management and the board vastly exaggerated cost reductions and operating efficiencies that would result from a $6.7 billion takeover/merger of Rice Energy. The lawsuit says the former leaders of the company made false statements ahead of the merger, and now should pay.
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