PG&E (PCG) Safety Requirements Securities Litigation

N.D. California

Court

18-CV-03509

Case number

Investors allege that from April 29, 2015, to November 15, 2018, PG&E (PCG) and its Leaders made false and/or misleading statements and/or failed to disclose that 
PG&E had failed to maintain electricity transmission and distribution networks in compliance with safety requirements and regulations promulgated under state law; 
The Company was in violation of state law regulation; 
PG&E’s electricity networks could cause numerous wildfires in California;
As a result of the Company’s actions, Investors could suffer damages when the true details entered the market.

Case Status

Attorney Investigation

Alleged Offence

Mismanagement,

Misleading Statements,

Financial Misrepresentation,

Failure to Disclose,

Malpractice,

Negligence,

Breach of Fiduciary duty,

Omissions

Suspected Party

Directors,

Management,

Service Provider

Security Type

Stocks

Trade Direction

Long

Shock Event Date

11/15/2018

Filing date

06/12/2018

Judge

Hon. Richard Seeborg

PG&E (PCG) Safety Requirements Securities Litigation

Collecting participants…