Like I said less than a Buck apiece.
On 6/13/2019 1:35 PM, Dwight Giles wrote:
They are only getting 50mil plus 900k in expenses.
Dwight E. Giles Jr.
Wickford RI
On Thu, Jun 13, 2019 at 2:33 PM Russ Williams via Mercedes
<mercedes@okiebenz.com <mailto:mercedes@okiebenz.com>> wrote:
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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