Investors approved of the proposed settlement with the N.C. Utilities Commission that...

|By:, SA News Editor

Investors approved of the proposed settlement with the N.C. Utilities Commission that effectively forces Jim Rogers out of any leadership role at Duke Energy (DUK +2.3%). The regulators clearly were out to get Rogers; adding insult to injury, the CEO search committee and DUK’s board are not permitted to appoint anyone who has served as DUK’s CEO, chairman or president - the titles Rogers holds.