By Eric Heinz
Documents from the California Attorney General’s Office show that two search warrants were issued and executed regarding arrangements made between the former California Public Utility Commission president and Southern California Edison, the operator of San Onofre Nuclear Generating Station.
Previous president of the CPUC Michael Peevy, who has been at the center of attention of this issue since March, met with SCE members in Poland in 2013 about the details as to how SONGS would be decommissioned, according to the Attorney General documents.
With the SONGS decommissioning settlement, estimated to be $4.7 billion of which customers were made to pay 70 percent, the deal may have been tainted by people with inside knowledge, according to a letter to the California Assembly Committee on Utilities and Commerce.
Additionally, a class action lawsuit was filed Tuesday in the South California U.S. District Court on behalf of people who bought Edison International securities during the time in question, according to Bernstein Liebhard, LLP.
The plaintiffs seek to recover any damages from their Edison securities purchased between July 31, 2014 and June 24, 2015.
According to the Attorney General documents, federal agents said they would come back with reports when they are able to obtain more documents from Southern California Edison. The search warrants also said the intent was to find evidence of a felony committed.
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