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Judge Cuts Max Criminal Fine To $562M In PG&E Pipeline Blast

By Jody Godoy (December 9, 2015, 6:10 PM EST) -- A California federal judge ruled on Tuesday to cut the maximum fine the government can seek in a criminal case against Pacific Gas & Electric Co. over a 2010 pipeline explosion that killed eight people from $1.1 billion to $562 million, a cap that could be lowered even further.

U.S. District Judge Thelton E. Henderson partially granted a motion by PG&E seeking to block the Department of Justice from employing the Alternative Fines Act, which would allow the government to seek a maximum of either double what PG&E gained, or twice the monetary loss suffered by others, because of its allegedly...

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