TC PipeLines, LP

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TCP MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF TC PIPELINES, LP IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – TCP

December 15, 2020.

New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of TC PipeLines, LP (NYSE: TCP) to TC Energy Corporation for 0.70 common shares of TC Energy for each publicly-held TCP common unit is fair to TCP shareholders.

The investigation concerns whether TCP and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to: (1) obtain the best possible price for TCP shareholders; (2) determine whether TC Energy is underpaying for TCP; and (3) disclose all material information necessary for TCP shareholders to adequately assess and value the merger consideration. On behalf of TCP shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

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