An Oregon jury on Monday found the utility PacifiCorp, a unit of Warren Buffett's Berkshire Hathaway, liable in a $1.6 billion class action lawsuit over four of the wildfires that devastated the state in 2020.
Warren Buffett tours the grounds at the Berkshire Hathaway Annual Shareholders Meeting in Omaha Nebraska., liable in a $1.6 billion class action lawsuit over four of the wildfires that devastated the state in 2020.
The jurors also applied their liability finding to thousands of other plaintiffs who said the fires damaged approximately 2,400 properties. PacifiCorp said it "plans to pursue appeals, and we are confident we will prevail," adding that "regardless of the outcome, a trial will never fully restore what was lost."
Victims said PacifiCorp did nothing despite knowing its equipment was damaged, and despite forecasts for severe wind with gusts that could reach hurricane strength. Witnesses reported seeing power lines start fires or send off sparks.
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Jury finds Berkshire's PacifiCorp unit liable in 2020 Oregon wildfiresAn Oregon jury on Monday found the utility PacifiCorp, a unit of Warren Buffett's Berkshire Hathaway Inc , liable in a $1.6 billion class action lawsuit over four of the wildfires that devastated the state in 2020.
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Jury finds electric utility PacifiCorp liable in devastating Oregon wildfiresA jury in Oregon has found electric utility PacifiCorp responsible for causing devastating fires during Labor Day 2020 in a civil lawsuit
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Jury finds electric utility PacifiCorp liable in devastating Oregon wildfires; company to appealA jury in Oregon has found electric utility PacifiCorp responsible for causing devastating fires during Labor Day 2020 in a civil lawsuit. The jury awarded millions of dollars each to 17 homeowners who sued PacifiCorp a month after the fires, with most receiving $4.5 million and others $3 million for emotional distress. The jury also applied its liability finding to a larger class including the owners of nearly 2,500 properties damaged in the fires, which could push the price tag over $1 billion. Those damages will be determined later. PacifiCorp said it will appeal. The Portland utility is one of several owned by billionaire Warren Buffett’s Omaha, Nebraska-based investment conglomerate Berkshire Hathaway.
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PacifiCorp could be on the hook for billions after jury verdict in devastating Oregon wildfiresA jury in Oregon has found the electric utility PacifiCorp responsible for causing devastating fires during Labor Day weekend in 2020, ordering the company to pay tens of millions of dollars to 17 homeowners who sued and finding it liable for broader damages that could push the total award well into the billions
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PacifiCorp could be on the hook for billions after jury verdict in devastating Oregon wildfiresA jury in Oregon on Monday found the electric utility PacifiCorp responsible for causing devastating fires during Labor Day weekend in 2020, ordering the...
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MAGA conspiracy theorists are hit with huge fine over 2020 robocallsJacob Wohl and Jack Burkman pleaded guilty to engaging in a robocall scheme meant to intimidate voters. The feds just shared how much they’ll have to pay.
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