Gas Natural Inc. (NYSEMKT:EGAS) Files An 8-K Other Events

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Gas Natural Inc. (NYSEMKT:EGAS) Files An 8-K Other Events

Item 8.01.

Other Events.

On January 31, 2017, the United States District Court for the
Northern District of Ohio issued an order in the action captioned
In re Gas Natural Inc., Case No. 1:13-cv-02805,
preliminarily approving a proposed settlement (the Settlement) as
set forth in a Stipulation of Settlement dated January 13, 2017
(the Stipulation), by and among (i) plaintiffs John Durgerian and
Joseph Ferrigno, individually and derivatively on behalf of Gas
Natural Inc. (the Company); (ii) certain of the Companys current
and former officers and directors; and (iii) the Company. The
Settlement is subject to further consideration at the settlement
hearing described below.

to the Courts order, the settlement hearing will be held on April
7, 2017 at 9:00 a.m., before U.S. Magistrate Judge Jonathan D.
Greenberg, at the U.S. District Court, Northern District of Ohio,
Carl B. Stokes U.S. Court House, 801 West Superior Avenue,
Courtroom 10B, Cleveland, Ohio 44113. The Settlement, if finally
approved, will cause the dismissal with prejudice of this
litigation. Any objections to the Settlement must be filed in
writing with the Court on or before March 24, 2017. Additional
information regarding the terms of the Stipulation and the
requirements for submitting any objections to the Settlement can
be found in the Stipulation and the Notice of Pendency and
Proposed Settlement of Shareholder Derivative Action (the
Notice).

The foregoing description of the Notice is not complete and is
qualified in its entirety by reference to the Notice, which is
attached to this Current Report on Form 8-K as exhibit 99.1 and
is incorporated herein by reference. In addition, the Company
will publish the Notice and the Stipulation on the Companys
website at http://www.investor.egas.net.

Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
ExhibitNo. Description
99.1

Notice of Pendency and Proposed Settlement of Shareholder
Derivative Action


About Gas Natural Inc. (NYSEMKT:EGAS)

Gas Natural Inc. is a natural gas company. The Company operates through three segments: Natural Gas; Marketing and Production, and Corporate and Other. The Natural Gas segment annually distributes approximately 20 billion cubic feet of natural gas to its customers through regulated utilities operating in Maine, Montana, North Carolina and Ohio. Its operations in Maine provide natural gas service to customers in Bangor, Brewer, Old Town, Orono, Bucksport, Hermon, Veazie and Lincoln. Its operations in Montana provide natural gas service to customers in Cascade, Gallatin and Glacier counties. Its North Carolina operations provide natural gas service to customers in Ashe, Surry, Warren, Watauga, Wilkes and Yadkin counties. The Company’s Marketing and Production segment annually markets approximately 1.5 billion cubic feet of natural gas to commercial and industrial customers in Montana, Wyoming and Ohio through its subsidiaries, Energy West Resources, Inc. and Gas Natural Resources, LLC.

Gas Natural Inc. (NYSEMKT:EGAS) Recent Trading Information

Gas Natural Inc. (NYSEMKT:EGAS) closed its last trading session down -0.02 at 12.68 with 5,901 shares trading hands.