PG&E guilty of lax safety, obstruction in deadly California gas pipeline explosion

California’s largest utility was found guilty on six criminal counts Tuesday related to a deadly gas pipeline explosion in 2010.

Pacific Gas & Electric Corp. PCG, -0.08% was convicted by a San Francisco jury of obstructing a federal investigation into the blast, as well as on five of 11 charges that it violated federal pipeline safety regulations.

The explosion and ensuing fire in the San Francisco suburb of San Bruno, California, destroyed a neighborhood, leaving eight people dead and 58 injured. The disaster was blamed on a 60-year-old distribution pipe that had not been properly assessed as high-risk.

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