ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Baron & Budd Announces $24 Million Settlement with PG&E on Behalf of Ten Public Entities Affected by the Dixie Fire

Today, the national law firm of Baron & Budd announced a $24 million settlement with Pacific Gas and Electric (PG&E) on behalf of ten public entities affected by the historic 2021 Dixie Fire, which caused extensive public and natural resource damages. The Dixie Fire started on July 13, 2021, when PG&E equipment malfunctioned and ignited the fire, burning approximately 963,309 acres in Plumas, Lassen, Butte, Shasta, and Tehama Counties.

“We are honored to represent these ten public entities in their lawsuits and in this $24 million settlement,” said Baron & Budd Shareholder John Fiske. “The public infrastructure and public resource damages recovered should help the affected communities rebuild in the aftermath of one of the largest fires in California’s history.”

The ten settling public entities include Plumas, Lassen, Butte, Shasta, and Tehama Counties, as well as the City of Susanville, Plumas District Hospital, Chester Public Utility District, Honey Lake Valley Recreation Authority, and Herlong Public Utility District.

JAMS Mediators Judge Jay Gandhi (Ret.) and Lexi Myer presided over the mediation between the ten public entities and PG&E.

The public entities’ civil legal damages included public resource damages, staff and labor time, damages to pavement and roads, lost revenue, increased expenses, and other damages caused by the Dixie Fire. The $24 million is allocated among the ten public entities in accordance with their relative damages suffered. Also included in the settlement are funds related to FEMA and Cal OES assistance. PG&E denied liability and reached a settlement to avoid further protracted litigation.

The public entities were represented by John Fiske and Torri Sherlin of Baron & Budd, P.C., and Ed Diab of Dixon, Diab, and Chambers, LLP.

For more information, visit fireattorneys.com or contact John Fiske at jfiske@baronbudd.com.

About Baron & Budd, P.C.

Baron & Budd, P.C. is among the largest and most accomplished plaintiffs’ law firms in the country. With more than 45 years of experience, Baron & Budd has the expertise and resources to handle complex litigation throughout the United States. As a law firm that takes pride in remaining at the forefront of litigation, Baron & Budd has spearheaded many significant cases for hundreds of entities and thousands of individuals. Since the firm was founded in 1977, Baron & Budd has achieved substantial national acclaim for its work on cutting-edge litigation, trying hundreds of cases to verdict and settling tens of thousands of cases in areas of litigation as diverse and significant as dangerous and highly addictive pharmaceuticals, defective medical devices, asbestos and mesothelioma, California wildfires and environmental contamination, fraudulent banking practices, e-cigarettes, motor vehicles, federal whistleblower cases, and other consumer fraud issues.

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  244.41
+0.00 (0.00%)
AAPL  268.47
+0.00 (0.00%)
AMD  233.54
+0.00 (0.00%)
BAC  53.20
+0.00 (0.00%)
GOOG  279.70
+0.00 (0.00%)
META  621.71
+0.00 (0.00%)
MSFT  496.82
+0.00 (0.00%)
NVDA  188.15
+0.00 (0.00%)
ORCL  239.26
+0.00 (0.00%)
TSLA  429.52
+0.00 (0.00%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.