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Natural Gas Anti-Trust Cases I, II, III and IV - Trial
Overview
Case Name:
Natural Gas Anti-Trust Cases I, II, III and IV - Trial
Case Number:
4221, 4224, 4226 and 4228
Start Date:
October 25, 2005
End Date:
January 4, 2006
Description:
An antitrust lawsuit alleging conspiracy and market manipulation that contributed to the state's devastating energy crisis in 2000 and 2001.
Result:
Sempra Energy agreed to pay $580 million to settle a class-action suit alleging it rigged natural gas supplies around the time of the state's power crisis in 2000 and 2001.
Parties
- Plaintiff - People of the State of California
- Defense - Sempra Energy, Inc
Location & Judge
Judge:
Ronald S Prager
Courthouse:
Jurisdiction:
State Trial Court
Superior Court of California, San Diego County
Superior Court of California, San Diego County