Dive Summary:
- Reports that the North Carolina Utilities Commission was considering hiring outside counsel for their Duke Energy investigation were corroborated Wednesday, as the commission announced that Anton Valukas, chairman of the Chicago-based law firm Jenner & Block, will oversee the inquiry.
- Valukas, an experienced federal prosecutor, will lead a team to request documents and conduct interviews.
- Regulators want to know if they were misled by Duke about leadership plans ahead of its recent merger with Progress Energy.
From the article:
North Carolina utilities regulators said Wednesday they have hired a veteran federal prosecutor to oversee the state’s investigation of Duke Energy and the company’s abrupt firing of its chief executive last month.
The N.C. Utilities Commission hired Anton Valukas, chairman of the Chicago-based law firm Jenner & Block, to handle the state’s probe. ...
