Wednesday, February 26, 2020 3:57:34 PM
In addition to $143 million settlement with the securities class case and an $80 million settlement with three communities, today a NiSource unit, Columbia Gas of Massachusetts agreed to plead guilty to a federal criminal charge in violation of the federal Natural Gas Pipeline Safety Act and pay a $53M fine after explosions and fires in 2018 that killed one person and injured 25 others.
The company also agrees to sell its operations in Massachusetts as a result of the disaster, and will implement safety procedures at pipelines it owns in Indiana, Pennsylvania, Maryland, Kentucky and other states.
The $53M fine is the largest criminal fine ever imposed under the pipeline safety act, the U.S. Attorney for Massachusetts says.
To learn more, message me here or contact me at jgrabar@grabarlaw.com
Thank you,
Josh
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