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In Response to RE: IS THERE A STOCK FOR FEBRUARY? by kom2010
I owned & was very happy with Kinder Morgan, but became a victim in 2007:
"On August 28, 2006 Kinder Morgan announced that it would be taken private in a management-led leveraged buyout totaling approximately $22 billion. Outside participants in the transaction include Fayez Sarofim, Goldman Sachs Capital Partners and Highstar Capital (then owned by American International Group).
On September 8, 2010, a notice of a class action settlement was filed in the District Court of Shawnee County Kansas. The proposed settlement is to resolve claims of breach of fiduciary duty owed to Kinder Morgan shareholders by persons involved with the buyout. The settlement payment is to be $200 million. A hearing on the settlement is scheduled for November 12, 2010."
I'm actually glad you brought this up, because I don't believe I was ever contacted about that class action suit .. and I should follow up on it on Monday!