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Dynegy Pays $468M to Settle Suit

Last year, former midlevel executive Jamie Olis received a 24-year sentence without parole for his part in a sham transaction.

> > Dynegy Inc. will pay $468 million as part of an agreement to settle a class-action lawsuit stemming from its accounting treatment and disclosures associated with a 2001 structured natural gas transaction known as "Project Alpha."
Source: CFO


Published:2005-04-19
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