SAN FRANCISCO (KFSN) -- PG&E announced Monday morning that it is preparing to file Chapter 11 Bankruptcy as it deals with lawsuits following devastating wildfires in 2017 and 2018. The announcement ...
California’s largest power company plans to file for bankruptcy as soon as next week, in the face of wildfire liabilities that could cost tens of billions of dollars. But a growing chorus of ...
PG&E to file for bankruptcy as wildfire costs hit $30 billion. Its stock plunges 52% Pacific Gas & Electric crews work to restore power lines in Paradise, Calif., on Nov. 9.
PG&E Investors Lose Bid to File One Massive Securities Fraud Claim Investors claiming Pacific Gas and Electric misled them about its wildfire safety practices cannot file one massive claim seeking ...
PG&E is about to go bankrupt. But the troubled utility said it will keep the lights on and is committed to a “fair and expeditious” resolution of the billions of dollars it faces in potential ...
Citing “extraordinary challenges” from the devastating 2017 and 2018 California wildfires, PG&E said Monday that it will file for Chapter 11 bankruptcy protection. In a filing with the Securities and ...
(Bloomberg) — PG&E Corp. said it will file for bankruptcy in California after the cost of wildfires left it with potential liabilities of $30 billion or more, gutting its share price and prompting the ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. (FOX40.COM) — It was a busy day today for PG ...
SAN RAMON — A trust representing more than 80,000 victims of deadly wildfires ignited by Pacific Gas and Electric’s rickety electrical grid is suing nearly two dozen of the utility’s former executives ...
A week after reporting a power-line outage near where the Camp Fire is suspected of starting, Pacific Gas & Electric said in a regulatory filing that it suffered a second problem with a high voltage ...
SAN FRANCISCO (CBS SF) -- The Pacific Gas and Electric board of directors voted Monday evening to file for Chapter 11 bankruptcy protection. PG&E said it would officially file at midnight Tuesday. The ...