Green Touch Builders | For nine misdemeanor violations, Duke Energy agrees to $102 million settlement
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February 21, 2015 By SEO Admin

For nine misdemeanor violations, Duke Energy agrees to $102 million settlement

Duke Energy Corp. (NYSE:DUK) has reached a proposed plea agreement with federal prosecutors on nine misdemeanor violations of the Clean Water Act to settle a federal grand jury investigation spurred by last year’s massive coal ash spill.

Charlotte-based Duke would be sentenced to five years of probation, under the terms of the agreement, with a court-appointed monitor assigned to make sure the company complies with requirements in the settlement.

The company also would pay $68.2 million in fines…