Federal securities law and the need to disclose the risk of canceling nuclear plant
Journal Article
·
· Public Util. Fortn.; (United States)
OSTI ID:6290724
Almost every electric utility company involved in nuclear plant construction has experienced difficulty as a result of the deteriorating condition of the nuclear industry as a whole. The thrust of a growing number of lawsuits brought against electric companies for alleged violations of federal securities laws is that the companies failed to reveal cost overruns, delays, and the risk of cancellation and write-off of nuclear plants in their annual reports and registration statements. A review of several suits and the disclosure requirements of securities statutes concludes that, although investors have known about utility problems, they have just become aware this year that the entire financial viability of the electric companies is threatened.
- OSTI ID:
- 6290724
- Journal Information:
- Public Util. Fortn.; (United States), Journal Name: Public Util. Fortn.; (United States) Vol. 114:10; ISSN PUFNA
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
21 SPECIFIC NUCLEAR REACTORS AND ASSOCIATED PLANTS
210801* -- Nuclear Power Plants-- Economics-- Construction & Operation-- (-1987)
29 ENERGY PLANNING, POLICY, AND ECONOMY
290200 -- Energy Planning & Policy-- Economics & Sociology
290600 -- Energy Planning & Policy-- Nuclear Energy
CASE LAW
CONSTRUCTION
COST
COST OVERRUNS
ELECTRIC UTILITIES
FINANCING
INVESTMENT
LAWS
LAWSUITS
NUCLEAR FACILITIES
NUCLEAR POWER PLANTS
POWER PLANTS
PUBLIC UTILITIES
REGULATIONS
THERMAL POWER PLANTS
210801* -- Nuclear Power Plants-- Economics-- Construction & Operation-- (-1987)
29 ENERGY PLANNING, POLICY, AND ECONOMY
290200 -- Energy Planning & Policy-- Economics & Sociology
290600 -- Energy Planning & Policy-- Nuclear Energy
CASE LAW
CONSTRUCTION
COST
COST OVERRUNS
ELECTRIC UTILITIES
FINANCING
INVESTMENT
LAWS
LAWSUITS
NUCLEAR FACILITIES
NUCLEAR POWER PLANTS
POWER PLANTS
PUBLIC UTILITIES
REGULATIONS
THERMAL POWER PLANTS