10.08.2016 03:53:43
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PG&E Issues Statement On Trial Verdict
(RTTNews) - PG&E Corp. (PCG) issued a statement in reaction to verdicts in the federal trial conducted in United States District Court in San Francisco. The jury found PG&E guilty of five counts of violating U.S. Pipeline Safety Act regulations related to integrity management and one count of obstructing an agency proceeding. The jury found PG&E not guilty of six counts of U.S. Pipeline Safety Act regulations related to record keeping. The maximum fine the company could face is $3 million.
The company said it has made unprecedented progress in the nearly six years since the tragic San Bruno accident and it is committed to maintaining its focus on safety. It wants its customers and their families to know that it is committed to re-earning their trust by acting with integrity and working around the clock to provide them with energy that is safe, reliable, affordable and clean.
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PG&E Corp. | 15,24 | 0,29% |
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