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Civil Litigation

Oct. 3, 2022

PG&E victims settle with executives for $117M

“These funds will be used to satisfy the vast majority of outstanding fire victim claims held by certain federal agencies that assisted in battling the fires and providing assistance to victims,” stated Frank M. Pitre, partner at Cotchett, Pitre and McCarthy and lead counsel for the PG&E Fire Victims Trust.

The PG&E Fire Victims Trust reached a $117 million settlement with PG&E executives to settle claims against the energy company and its officers alleging gross negligence and a failure to prevent three fires that ravaged Northern California; 2015’s Butte Fire, 2017’s North Bay fire, and 2018’s Camp Fire.

The settlement agreement came Thursday on the eve of trial and negotiations had been ongoing for more than a year, according to a ...

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