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Company: Sempra Energy Corporation
Current Parent Company:
Sempra Energy
Parent at the Time of the Penalty Announcement:
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Penalty: $30,000,000
Year: 2006
Date: January 4, 2006
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Secondary Offense: energy market manipulation
Mega-Scandal:
Price Fixing
Violation Description: Sempra agreed to pay Nevada $30 million over seven years to settle a lawsuit filed in November 2002 alleging conspiracy to manipulate of the energy market.
Level of Government: state
Action Type: agency action
Agency: Nevada Attorney General
Civil or Criminal Case: civil
Facility State: Nevada
HQ Country of Current Parent: USA
HQ State of Current Parent: California
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: utilities and power generation
Specific Industry of Current Parent: utilities
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.