Bracewell is a leading law and government relations firm primarily serving the energy, finance and technology industries throughout the world.

Our industry focus results in comprehensive state-of-the-art knowledge of the commercial, legal and governmental challenges faced by our clients and enables us to provide innovative solutions to facilitate transactions and resolve disputes.

TEGP acquired all of TEP’s publically held common units in exchange for newly issued Class A Shares of TEGP valued at approximately $2.2 billion.

The case dates back to 2015, when a class action group alleged that Pier 1 and its two most senior former executives violated provisions of the Securities Exchange Act of 1934. The suit claimed that the company and its executives knowingly or recklessly made material misstatements or omissions regarding Pier 1’s financial metrics; distribution network, inventory levels and markdown risk; internal controls; and increasing costs tied to excess inventory.