Kirkland Alert Kirkland & Ellis LLP

DOJ Obtains $600,000 Settlement from Duke Energy for HSR Gun-Jumping Violation

On January 18, 2017, the U.S. Department of Justice (DOJ) brought a federal antitrust lawsuit against Duke Energy Corporation (Duke), alleging that Duke violated the Hart-Scott-Rodino Act of 1976 (HSR Act) by taking beneficial ownership of assets prior to the expiration or termination of the HSR Act waiting period.