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-0.00896860986547082 -0.00986547085201789 0.00448430493273549 0.00896860986547082 0.0179372197309418 0.0116591928251122 0.081255605381166 0.10627802690583
Stock impact report

Numerous Voices Express Continued Support for PG&E’s Settlement with Wildfire Victims and its Plan of Reorganization

Pacific Gas & Electric Co. (PCG) 
Last pacific gas & electric co. earnings: 5/1 08:21 am Check Earnings Report
US:NYSE Investor Relations: finance.yahoo.com/quote/pg
Company Research Source: Business Wire
SAN FRANCISCO--(BUSINESS WIRE)--PG&E Corporation and Pacific Gas and Electric Company (together, “PG&E”) today shared the following statements of continued support for its settlement agreement with wildfire victims and the company’s Plan of Reorganization (“the Plan”). PG&E’s Plan treats all victims fairly, protects customers, and will enable PG&E to emerge from Chapter 11 as a financially sound utility positioned to pay victims as soon as possible and support California for the long term.In December 2019, PG&E reached the settlement that provides for approximately $13.5 billion to be transferred to a trust to pay the victims from wildfires in 2015, 2017, and 2018 pursuant to the terms of PG&E's Plan. That settlement was supported by the Official Committee of Tort Claimants and firms representing wildfire victims holding approximately 70 % of more than 70,000 wildfire claims filed.PG&E previously reached settlements with two other major groups of wildfire claim holders that are pr Show less Read more
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