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Federal Court Finalizes $10M in PG&E Investor Class Action

A federal judge has given final approval to the $10 million settlement among Pacific Gas & Electric Corp, its top officers, and investors for misrepresenting the impact of the wildfires the utility sparked between 2015 and 2018, the widespread shutoffs, and inadequacy of its mitigation measures, all of which drove down the company’s stock. […]

November 8, 2021|

Utility Regulators Okay PG&E’s $5B Fire Reduction Plan

Over strong opposition from community activists and those harmed by utility-sparked wildfires, regulators unanimously approved the newest blueprint from Pacific Gas & Electric aimed at addressing wildfire risk reduction. Opponents called for the California Public Utilities Commission to reject the plan and increase its oversight and enforcement of PG&E. Yet the document met with […]

October 21, 2021|

Five Counties Sue PG&E Over Dixie Fire

Pacific Gas & Electric has been hit with another lawsuit, this one filed by five counties harmed by the massive Dixie Fire. It appears likely PG&E equipment sparked the fire that torched 963,000 acres of land, a footprint larger than Rhode Island, killed one person, and destroyed 1,329 buildings.

“These counties have been ravaged by […]

October 21, 2021|

PG&E Contests Felony Charges for Shasta Fire

Pacific Gas & Electric plans to plead not guilty to criminal charges filed by the Shasta County District Attorney for the 2020 Zogg Fire that killed four people.

“We’ve accepted CalFire’s determination, reached earlier this year, that a tree contacted our electric line and started the Zogg Fire,” Patti Poppe, PG&E president and chief executive […]

September 27, 2021|
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