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Jan. 13, 2026

$100M PG&E securities settlement awaits court approval

Plaintiffs' attorneys are seeking court approval of a $100 million settlement resolving securities claims that PG&E misled investors about its wildfire safety practices, following a sharp stock decline tied to major California fires.

Plaintiffs' attorneys moved to approve a $100 million settlement with Pacific Gas and Electric Company over securities claims alleging the company misled investors about its wildfire safety protocols.

Labaton Keller Sucharow LLP served as lead counsel for the class as a whole and lead plaintiff, the Public Employees Retirement Association of New Mexico. Plaintiffs are also represented by attorneys from Adamski Moroski Madden Cumberland & Green LLP, Robbins Geller Rudman &a...

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