Patrick N. Giordano
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Class action: Madigan, ComEd owe $450M for racketeering, bribery conspiracy that jacked up electric rates in IL
A new class action in Chicago federal court directly targets powerful Illinois House Speaker Michael Madigan and his associates for their roles in the alleged bribery and racketeering conspiracy with ComEd. -
Lawsuits: IL 'zero emissions credit' system unconstitutionally rigs electricity market for Exelon
Two months since Illinois lawmakers and Gov. Bruce Rauner signed off on a bailout bill they said was needed to ensure the viability of two Exelon nuclear electricity plants, two lawsuits filed in federal court have challenged the constitutionality of the legislation, alleging the law effectively rigs in Exelon’s favor wholesale electricity generation and supply markets, resulting in a a windfall for Exelon over the next 10 years, paid for by Illinois businesses and households.