Former co-op execs subpoenaed

PEDERNALES ELECTRIC COOPERATIVE

Former co-op execs subpoenaed

Congress’ hearing Thursday adds former general manager and board president as witnesses.

By <http://www.statesman.com/news/content/news/stories/local/06/25/mailto:cgrisales@statesman.com>Claudia Grisales AMERICAN-STATESMAN STAFF Wednesday, June 25, 2008 A congressional committee has issued subpoenas to compel two former top Pedernales Electric Cooperative officials to testify before a U.S. House investigative committee Thursday. The hearing will [...]

June 25th, 2008 | Category: Investigation | Comments are closed

Congressional and legislative hearings on electric co-ops

The Horseshoe Bay Beacon Newspaper June 19, 2008

Congressional and legislative hearings on electric co-ops By Jodi Lehman

Representative Henry A. Waxman of California, Chair of the House of Representatives’ Committee on Oversight and Government Reform, has requested that the Pedernales Electric Cooperative provide testimony at a hearing of the committee in Washington, D.C. on [...]

June 19th, 2008 | Category: Investigation | Comments are closed

Congress to query co-op on practices

PEDERNALES ELECTRIC COOPERATIVE

Congress to query co-op on practices

Nation’s largest utility will be focus as U.S. House committee takes closer look at industry.

By <http://www.statesman.com/news/content/news/stories/local/06/14/mailto:cgrisales@statesman.com>Claudia Grisales AMERICAN-STATESMAN STAFF Saturday, June 14, 2008 The Pedernales Electric Cooperative will face questions from Congress this month as the U.S. House of Representatives’ main investigative committee takes up [...]

June 14th, 2008 | Category: Investigation | Comments are closed

Look behind the numbers at PEC compensation study

The Horseshoe Bay Beacon Newspaper May 29, 2008

Look behind the numbers at PEC compensation study Comment deadline extended By Jodi Lehman

The dollar figures in the Report on Director Compensation presented by Navigant Consulting at last week’s meeting of the Pedernales Electric Cooperative Board of Directors do not all equate with the dollar figures [...]

May 29th, 2008 | Category: Investigation, Navigant | Comments are closed

PEC legal fees top $2 million last year

Horseshoe Bay Beacon Newspaper May 29, 2008

PEC legal fees top $2 million last year By Jodi Lehman

How much legal advice does a cooperative need? The answer depends on the cooperative. The Pedernales Electric Cooperative paid out a total of $2,780,083.63 in legal fees during 2007 to thirteen different attorneys or firms. In the [...]

May 29th, 2008 | Category: Investigation, Lawsuit | Comments are closed
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