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News Release July 12, 2002 |
DUKE ENERGY WILL RESPOND TO GOVERNMENT INQUIRIES ON TRADING PRACTICES
CHARLOTTE, N.C. – Duke Energy announced that it received subpoenas late yesterday for documents related to its trading activities. Duke Energy received a subpoena from the Commodity Futures Trading Commission, which had earlier served subpoenas on other energy companies. Duke Energy also received a subpoena from the
Duke Energy is fully cooperating with these investigations, as it has with other government organizations inquiring into the same issues. Duke Energy is a diversified multinational energy company with an integrated network of energy assets and expertise. The company manages a dynamic portfolio of natural gas and electric supply, delivery and trading businesses – meeting the energy needs of customers throughout
| Contact: | Terry Francisco | |
| Phone: | 704/373-6680 | |
| 24 Hour Phone: | 704/382-8333 | |
| Email: | thfrancisco@duke-energy.com |