PG&E utility to plead guilty to involuntary manslaughter over 2018 fire

[Eugene]

Source: Reuters

BUSINESS NEWS MARCH 23, 2020 / 8:10 AM / UPDATED AN HOUR AGO

PG&E utility to plead guilty to involuntary manslaughter over 2018 fire

(Reuters) - PG&E Corp (PCG.N) said on Monday its utility unit agreed to plead guilty to 84 involuntary manslaughter counts in connection with the 2018 Camp Fire, the most destructive fire in California’s history.

In a regulatory filing, PG&E said the plea by its Pacific Gas & Electric unit was part of a March 17 plea agreement with California and the Butte County District Attorney’s office.

PG&E also said the agreement also requires the utility to pay the maximum $3.5 million fine plus $500,000 in costs, and end all criminal proceedings against the company and its units.

The settlement is subject to approval by the Butte County Superior Court, as well as the federal bankruptcy court overseeing PG&E’s Chapter 11 case.

Some fire victims would be entitled to restitution under the company’s proposed reorganization plan, which was submitted on March 16, PG&E said.

-snip-

Read more: https://www.reuters.com/article/us-pg-e-us-bankruptcy/pge-utility-to-plead-guilty-to-involuntary-manslaughter-over-2018-fire-idUSKBN21A1TJ

[OnlinePoker]

1. Won't mean anything until those in charge face prison time.

A $3.5 million fine for 84 lives is pocket change.

[mountain grammy]

2. Can trump pardon a utility?

Lots of $$$$ floating out of that settlement.. we can only hope it goes to the people who need it most.