A North Dakota state court jury ordered Greenpeace to pay Energy Transfer LP and its subsidiary Dakota Access nearly $667 million in damages. The verdict stems from 2016-2017 protests against the Dakota Access Pipeline.
The jury's decision included over $400 million in punitive damages, along with awards for defamation, trespassing, and conspiracy. Energy Transfer had accused Greenpeace of unlawfully disrupting pipeline construction and spreading falsehoods about the project.
This significant legal victory provides a substantial financial award to Energy Transfer, reinforcing the company's position against actions that disrupt its operations. Greenpeace has stated its intention to appeal the verdict.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.