We are investigating possible breaches of the implied covenant of good faith and fair dealing and other violations of law by the board of directors of PBF Logistics LP (“PBF Logistics” or the “Company”) (NYSE: PBFX) in connection with the proposed acquisition of the Company by PBF Energy Inc. (“PBF Energy”) (NYSE:PBF).  Under the terms of the merger agreement, each outstanding common unit of PBF Logistics that PBF Energy does not own will be converted into 0.270 shares of PBF Energy Class A common stock and $9.25 in cash, without interest.  Currently, PBF Energy owns approximately 47.7% of the outstanding common units of PBF Logistics.

Weiss Law is investigating whether (i) PBF Logistics’ board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the share merger consideration adequately compensates PBF Logistics’ shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.