Duke Energy says customers won't have to foot bill for $146 mill - WDRB 41 Louisville News

Duke Energy says customers won't have to foot bill for $146 million lawsuit

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LOUISVILLE, Ky. (WDRB) -- Duke Energy says customers won't have to foot the bill of a multi-million-dollar lawsuit.

The company is paying $146 million to settle the lawsuit. It claimed shareholders lost millions when Duke surprised investors by ousting its CEO just hours after a buyout of a smaller company.

Duke says its insurers would cover most of the costs.

Shareholders would pay the rest instead of customers.

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