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Duke Energy, Inc.: Recovery tops state record

Represented individual and institutional investors in a federal securities action against Duke Energy, Inc. (Duke) and certain of its executives arising from Duke’s 2012 merger with Progress Energy and the subsequent ouster of Duke’s new CEO.

The pending $146.25 million settlement is the largest federal securities recovery in North Carolina history and one of the top five securities fraud recoveries in the 4th Circuit. 

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