Bernstein Litowitz Berger & Grossmann LLP Announces Securities Class Action Suit Filed Against Plains All American Pipeline, L.P., Plains GP Holdings, L.P. and Certain of Their Senior Executives

NEW YORK, NY--(Marketwired - September 02, 2015) - Bernstein Litowitz Berger & Grossmann LLP ("BLB&G") today announced that it has filed a securities class action on behalf of the Jacksonville Police and Fire Pension Fund ("Jacksonville P&F") in the U.S. District Court for the Southern District of Texas alleging claims under Section 10(b) and 20(a) of the Securities Exchange Act of 1934 ("Exchange Act") on behalf of investors in the Common Units of Plains All American Pipeline, L.P. ("Plains" or the "Company") (NYSE: PAA) between February 27, 2013 and August 4, 2015, inclusive, and the Class A Shares of Plains GP Holdings, L.P. ("Plains Holdings") (NYSE: PAGP) between October 16, 2013 and August 4, 2015, inclusive (the "Class Period"). The Complaint also alleges claims under Sections 11, 12 and 15 of the Securities Act of 1933 (the "Securities Act") on behalf of all persons who purchased or otherwise acquired (i) Plains Common Units pursuant and/or traceable to a registered offering of Plains Common Units conducted on or about February 26, 2015, (ii) Plains Holdings Class A Shares pursuant and/or traceable to Plains Holdings' initial public offering conducted on or about October 16, 2013 (the "IPO"), and (iii) Plains Holdings Class A Shares pursuant and/or traceable to a registered public offering of Plains Holdings Class A Shares conducted on or about November 10, 2014 (the "November 2014 Offering" and, collectively with the February 2015 Offering and the IPO, the "Offerings"). The action is captioned Jacksonville Police and Fire Pension Fund v. Plains All American Pipeline, L.P., No. 4:15-cv-02540 (S.D. Tex.).

The Complaint was filed as related to an action against Plains pending in the U.S. District Court for the Southern District of Texas before the Honorable Lee H. Rosenthal, captioned City of Birmingham Firemen's and Policemen's Supplemental Pension System v. Plains All American Pipeline, L.P., No. 4:15-cv-02404 (S.D. Tex.). As noted below, pursuant to a notice that was previously published by BLB&G in connection with a prior action filed against Plains in the Central District of California, the deadline to file a motion seeking appointment as Lead Plaintiff in this matter is October 16, 2015.