Wednesday, May 7, 2008

Judge Approves Settlement in PEC Case

From statesman.com, May 6, 2008...

Nearly a year after a contentious lawsuit was filed that forced financial disclosures at Pedernales Electric Cooperative, a judge Monday approved a class-action settlement that ends the legal proceeding.

State District Judge John Dietz issued the ruling after more than 200 objections were filed by member-owners of the utility, including a handful who addressed the court during hearings held over two days.

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