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U.S.: Court rules against Nevada in Enron price-fixing case

 |  September 30, 2012

The Nevada Supreme Court rejected the appeal of the state and consumers that natural gas and electric customers in Southern Nevada. They were charged for inflating rates in a price-rigging scheme during the energy crisis. The state Bureau of Consumer Protection and customers joined in filing a class-action suit that alleged Reliant Energy and its affiliated companies for making “a secret deal” with now defunct bankrupt Enron Corp. that drove up natural gas prices.

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