The Electric Reliability Council of Texas (ERCOT) filed civil lawsuits today against five former employees indicted by the Texas Attorney General last January on various felony charges. ERCOT said the measure was taken to recoup funds lost as a result of criminal activity.

“This is a step to ensure that all options are preserved and all efforts are being made to assure repayment for the fraud,” said Carolyn Shellman, ERCOT’s vice president and general counsel. “The Attorney General and the Department of Public Safety are continuing to pursue restitution for ERCOT through the criminal courts, and we are also working with our insurance companies to ensure we recover as much of the balance as possible.” Shellman noted that filing the lawsuits is a procedural step, and that any actual litigation is likely to be delayed until the criminal cases against the five defendants have been settled. The suits are being filed in Travis County District Court.

Comments (0)

Comment	smaller | bigger
Name
Write the displayed characters
Subscribe via email (Registered users only) I have read and agree to the Terms of Usage.
	Add Comment