February 09, 2023
Nearly 700 members of a proposed class suing the currently bankrupt utility company PG&E Corp. for allegedly defrauding investors by causing wildfires have urged a California federal judge not to approve a settlement negotiated by the class representative, calling the bid a "backdoor deal" that will undermine the claims process.
May 06, 2019
Notable California federal Judge Richard Seeborg stepped aside on Monday from a proposed investor class action against the currently bankrupt PG&E Corp. over its compliance with state safety regulations, saying that he has stock in one of the entities bringing suit.