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Home / NC State News / Duke Energy to pay $146M to settle lawsuit over CEO ouster (access required)

Duke Energy to pay $146M to settle lawsuit over CEO ouster (access required)

RALEIGH, N.C. (AP) — America's largest electric company said Tuesday that it is settling a lawsuit that claimed shareholders lost millions of dollars when Duke Energy surprised investors by ousting its CEO hours after a long-anticipated buyout of its smaller neighbor. Charlotte-based Duke Energy said its insurers and shareholders would pay $146 million to end the ...

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