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In Re PG&E Corporation Securities Litigation
Case Number:
3:18-cv-03509
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Multi Party Litigation:
Class Action
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February 09, 2023
Class Members Ask Court To Reject PG&E 'Backdoor Deal'
Nearly 700 members of a proposed class suing the currently bankrupt utility company PG&E Corp. for allegedly defrauding investors by causing wildfires have urged a California federal judge not to approve a settlement negotiated by the class representative, calling the bid a "backdoor deal" that will undermine the claims process.
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May 06, 2019
Judge Seeborg Won't Hear PG&E Investor Suit Over Wildfires
Notable California federal Judge Richard Seeborg stepped aside on Monday from a proposed investor class action against the currently bankrupt PG&E Corp. over its compliance with state safety regulations, saying that he has stock in one of the entities bringing suit.