Duke Energy Must Unveil Emails Tied To Progress CEO Firing

Law360, New York (October 23, 2012, 9:39 PM EDT) -- A North Carolina regulator said Friday that Duke Energy Corp. must publicly release internal documents related to the firing of the CEO of Progress Energy Inc., with which it merged in a $32 billion deal earlier this year, ruling the materials filed under seal didn’t contain trade secrets.

The disclosures could prompt a fresh wave of embarrassing revelations for Duke, which has been the subject of a North Carolina Utilities Commission investigation after dismissing Progress CEO Bill Johnson just hours after its merger received approval earlier...
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