NiSource To Appeal $404M Verdict To Supreme Court
The Supreme Court of Appeals of West Virginia decided not to hear the company’s appeal of the multimillion verdict.
In January 2007, a West Virginia jury handed down the $404 million verdict in a class action alleging that a former NiSource subsidiary, Columbia Natural Resources LLC, underpaid royalties and engaged in price-fixing with another company.
A class of about 8,000 royalty...
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