duke energy settlement News

Insurers to Fund $27 Million Duke Energy Accord Over Ouster of CEO

Duke Energy Corp. agreed to a $27 million settlement of claims that directors wrongfully concealed their plan to fire Chief Executive Officer William Johnson just minutes after the company closed on its $13.7 billion merger with Progress Energy Inc. Duke …

Duke Energy Settles CEO Lawsuit for Nearly $150M

America’s largest electric company will pay nearly $150 million to settle claims that shareholders lost millions when it ousted its CEO in a surprise move after a long-anticipated buyout. Duke Energy said last week its insurers and shareholders would pay …

SEC Filing: Duke Energy Expects to Settle Criminal Charges from Spill for $100M

Duke Energy expects to pay $100 million to settle an ongoing federal criminal investigation that began after a massive coal ash spill at a North Carolina plant. The details are contained in an earnings report filed with the Securities and …

Duke in Talks with U.S. on 2014 North Carolina Coal Ash Spill

Duke Energy Corp., the largest U.S. utility owner, is in settlement talks with the U.S. government over a coal ash spill in North Carolina’s Dan River. The company expects a proposed agreement could be reached in the next several days, …