Seeking Alpha

Federal prosecutors bring criminal charges against PG&E over gas explosion

  • PG&E (PCG) has been hit with criminal charges over the 2010 natural-gas explosion in San Bruno in California that killed eight people and destroyed over 100 homes.
  • The utility has been accused of knowingly and willfully violating the Natural Gas Pipeline Safety Act and faces 12 separate charges, including failing to test unstable pipelines, and keeping inadequate records about the pipeline that blew up.
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Comments (2)
  • Coalfan
    , contributor
    Comments (59) | Send Message
     
    Pay a fine
    Admit no guilt
    Next......
    2 Apr 2014, 04:03 AM Reply Like
  • june1234
    , contributor
    Comments (3256) | Send Message
     
    what are they going to do, put the stock in jail?
    2 Apr 2014, 10:03 AM Reply Like
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