Try our Advanced Search for more refined results

EnCana Pays $20.5M To Settle State Class Action

By Amanda Ernst (July 26, 2007, 12:00 AM EDT) -- EnCana Corp. and its U.S.-based energy trading unit WD Energy Services Inc. have agreed to pay $20.5 million to put to rest a state court class action alleging the company conspired to artificially raise the price of natural gas in California from 1999 to 2002, the company said in a regulatory filing Thursday.

The state court settlement coincides with EnCana's $2.4 million settlement payment ordered last month by the Judge Philip M. Pro of the U.S. District Court for the District of Nevada in a federal multidistrict litigation involving several energy companies accused of price manipulation.

"Without admitting any liability in...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Read the full article

Already a subscriber? Click here to login

Related Sections

Law Firms

Companies

Government Agencies

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!