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Stock impact report

Utility behind 2018 gas explosions in Massachusetts pleads guilty [Reuters]

NiSource Inc (NI) 
Last nisource inc earnings: 2/26 08:57 pm Check Earnings Report
US:NYSE Investor Relations: nisource.com/investors
Company Research Source: Reuters
Utility behind 2018 gas explosions in Massachusetts pleads guilty A Massachusetts-based utility company owned by NiSource Inc pleaded guilty on Monday to violating a federal pipeline safety law by failing to implement procedures that could have prevented catastrophic gas explosions in the state in 2018. Columbia Gas of Massachusetts entered the plea in federal court in Boston as part of a deal with the U.S. Justice Department in which the company would pay a record $53 million fine and NiSource would sell its Massachusetts operations. To read the full story on Westlaw Practitioner Insights, click here: bit.ly/2TQZWV9 Show less Read more
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