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Litigation

Jun. 26, 2017

Judge dismisses shareholder class action against Sempra Energy and SoCalGas

Southern California Gas Company beat a shareholder class action on Wednesday when Judge Roger T. Benitez granted a motion to dismiss, ending a suit stemming from a 2015 natural gas leak in the company's Aliso Canyon storage facility

Southern California Gas Company beat a shareholder class action on Wednesday when Judge Roger T. Benitez granted a motion to dismiss the case, ending a suit stemming from a 2015 natural gas leak in the company's Aliso Canyon storage facility.

The suit alleged that SoCalGas did not properly disclose conditions at a well, citing the absence of a safety valve, effects of the leak, and pre-leak statements concerning the company's commitment to safety which the plaintiffs called...

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