They won't have much to spend after the Shyster Trial Lawyers get their
share (no offense Randy).
Lucky if the customers will get a Buck apiece.
Russ W.
On 6/13/2019 11:57 AM, Andrew Strasfogel via Mercedes wrote:
How will you spend your windfall?
UTILITIESS.C. customers to get $146M in historic class-action suitPublished:
Thursday, June 13, 2019
Current and former ratepayers of South Carolina Electric and Gas will split
$146 million in what is considered the largest private class-action
settlement in state history.
News outlets report a judge finalized the decision Tuesday. More than 1
million customers were involved in the lawsuit, represented by 13 law firms.
The attorneys sued SCE&G and parent company Scana Corp. for its role in the
abandoned construction of two nuclear plants in the state that never
generated power. Virginia-based Dominion Energy Inc. took over the utility
in January.
SCE&G agreed to pay $115 million and sell properties valued at $85 million.
The attorneys who argued the case will get $51 million plus nearly $900,000
for expenses.
It's unclear when SCE&G customers will get paid and how much each customer
will receive. *— Associated Press*
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