Business & Tech

PG&E Settles Nearly All Remaining Lawsuits

Victims of the blast received unexpected closure on the third anniversary of the disaster.

By Bea Karnes

As survivors of the PG&E gas pipeline explosion and fire reverently marked the third anniversary Monday of the explosion and fire that forever altered their neighborhood, their lawyers and PG&E attorneys settled all but two remaining lawsuits.

The new $110 million settlement will be divided between plaintiffs. The amount each receives depends upon their loss.

According to a company spokeswoman, money for the settlement will come from investors, not ratepayers.

"It's a huge deal. The clients are getting what we felt is a very fair settlement for them under the circumstances," attorney George Corey told the San Jose Mercury News. "It took a long time for PG&E lawyers to get the company to stand up to the serious facts of this case. But they finally did, and it was fair."
When added to previous settlements, PG&E has now paid a total of $565 million to settle lawsuits from the San Bruno explosion.

Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.


Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.

We’ve removed the ability to reply as we work to make improvements. Learn more here