Judge Trims Suit Over $1M Unreported SourceGas Merger Cash

Law360, New York (May 17, 2012, 3:27 PM EDT) -- A Delaware judge on Tuesday released SourceGas Holdings LLC from a whistleblower suit alleging a unit of the natural gas company concealed from the government $1.1 million in unclaimed payments left over from its acquisition of Kinder Morgan Inc.'s distribution and utility business.

Superior Court Judge Mary M. Johnston ruled that former SourceGas transaction tax manager Anthony Higgins and the state failed to show that parent company SourceGas Holdings or operating subsidiary SourceGas LLC were involved in SourceGas Distribution LLC's alleged violations of the Delaware False...
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