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US energy firm EQT agrees to settle lawsuit for $167.5 million

Reuters
Summary
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81% Informative

U.S. energy company EQT agrees to pay $167.5 million to settle a class action lawsuit filed by investors.

Investors claimed EQT overstated the benefits of its $6.7 billion merger with Rice Energy in 2017 .

Plaintiffs in the case include the Government of Guam Retirement Fund , Eastern Atlantic States Carpenters Annuity Fund and Cambridge Retirement System.

VR Score

90

Informative language

95

Neutral language

88

Article tone

formal

Language

English

Language complexity

58

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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