General Manager of Pedernales Electric Cooperative Sentenced to 300 Days in Jail, Probation, Community Service, and Restitution
Posted on Feb 7, 2011 in Corporate Governance, Litigation | Comments Off on General Manager of Pedernales Electric Cooperative Sentenced to 300 Days in Jail, Probation, Community Service, and Restitution
The Statesman reports that Bennie Fuelberg’s sentence includes, among other things, restitution payments of $126,000. This amount is far less than the $8.8 million that Pedernales sought to recover. The court ordered that the money is to be paid to Pedernales’ insurance company and former law firm rather than to the cooperative itself.
