[January 27, 2015]

REGENCY ENERGY PARTNERS LP SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Sale to Energy Transfer Partners

Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of Regency Energy Partners LP ("Regency Energy") (NYSE: RGP) concerning the sale to Energy Transfer Partners (NYSE: ETP). Under the terms of the agreement, Regency Energy shareholders will receive 0.4066 ETP common units and $0.32 in cash for each share owned. Based on the closing prices of ETP before the deal was announced, the values the consideration at $26.89 per share, which is virtually no premium over the 52-week high and significantly lower han at least one analyst's estimated value of $34.00 per share.

If you are an affected investor, and you want to learn more about the investigation or if you have information that you believe would be helpful to our investigation of the fairness of the proposed transaction, contact Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 239-4568, or via email at [email protected], or Patrick Powers at Powers Taylor LLP, toll free (877) 728-9607, via e-mail at [email protected]. There is no cost or fee to you.

The investigation centers on whether Regency Energy's Board of Directors is acting in the shareholders' best interests, whether the board considered alternatives to the acquisition, and whether the board has employed an adequate process to review and act on the proposed transaction. Notably, at least one analyst with RBC Capital Market believes the true inherent value of the stock could be as high as $34.00. The $18.0 billion transaction is expected to close in the second quarter of 2015.

The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.

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