Miss. AG Hits Entergy Corp. With Antitrust Suit

Law360, New York (December 3, 2008, 12:00 AM EST) -- The legal sparring between Mississippi's attorney general and Entergy Corp. reached a heightened level Tuesday when Attorney General Jim Hood slapped the energy company and its subsidiaries with a fraud and antitrust suit that alleges the companies illegally manipulate the purchase and sale of electricity to maximize profits.

In a complaint filed in the Chancery Court of Hinds County, Hood alleges that Entergy Mississippi Inc. forces Mississippi customers to buy the most expensive electricity the company produces while selling its lowest-cost power to outside companies for...
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