August 12, 2014
Direct Energy to Pay Fine, Disgorgement Under FERC Settlement
FERC approved a settlement with Direct Energy LLC under which Direct will pay a civil penalty of $20,000 and disgorge nearly $32,000 for actions that FERC said amounted to, "manipulating natural gas prices during May 2012 at Algonquin and Transco Zone 6 New York (Transco Zone 6) in order to benefit…