Dynegy controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2005
Shareholder class-action settlement
Dynegy agreed to resolve shareholder claims arising from its financial disclosures and conduct during the company’s 2002 crisis.
2003
Executive prosecutions
Former Dynegy employees were indicted or convicted in connection with the ABG Gas Supply transactions and alleged efforts to mislead auditors, regulators, and executives.
2002
Project Alpha and structured-transaction investigations
Regulators investigated transactions that allegedly inflated reported income, concealed losses, or used partnerships and financing structures to present borrowing as operating performance.
2002
Round-trip energy trades
Dynegy acknowledged engaging in transactions described as artificial trades intended to create a misleading impression of activity and success in its online trading operation.