In 2010, PG&E (Pacific Gas & Electric) was involved in a blast that took place at San Bruno when a high pressure pipe ruptured. While the incident happened several years ago, PG&E shareholders just recently filed a lawsuit in the San Mateo County Superior Court seeking to hold executives and board members at the company responsible for the tragic explosion.
According to the Oakland Inside Bay Area News, the shareholder wants to hold the board members responsible to pay all fines, legal fees, and other costs of the blast. The National Transportation Safety Board faulted PG&E for the blast because they claimed that the company's poor record keeping contributed to the high-pressure pipe rupture. This newest lawsuit targets over 20 of the current and former top leaders at PG&E.
The blast killed eight people, and PG&E has already settled the wrongful death claims with a total $565 million settlement. By the end of 2012, PG&E claims that it had run up $1.83 billion total in costs related to the San Bruno rupture and its natural gas system. PG&E also faces up to $2.25 billion in penalties from its state regulator, the California Public Utilities Commission.
PG&E claims that its primary goal is to simply build a safe and reliable system for customers. Federal investigators will continue to disclose information regarding the San Bruno explosion and assist as stockholders continue to seek compensation from the party responsible. If you want more information about PG&E lawsuits, or if you or a loved one was injured in a pipeline explosion, one of the industrial injury attorneys at Arnold & Itkin LLP may be able to assist you. The attorneys at this firm are dedicated to assisting those injured in
industrial accidents of this nature. Hire the firm today to get assistance!