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As I posted here - http://www.fercfights.com/?p=80 - the state of Illinois and multiple parties have asked FERC to reopen an order approving a settlement agreement with Edison Mission valued at $9 million for obstructionist tactics employed by the company during FERC's investigation of market manipulation claims.  The order does not penalize Edison for the underlying market manipulation claims either because they believed the violations could not be proven or because the Edison discontinued the practice in 2006.  Illinois, however, believes that the conduct continued and thus filed a motion.  And the parties also apparently hope to pursue refunds or disgorgement of profits, which may be precluded by the release of liability language included in the settlement.  Read the post for more details.

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