Dreyfus to pay $4.1 million in U.S. power market manipulation settlement

Fri Feb 7, 2014 11:30am EST

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Feb 7 (Reuters) - Louis Dreyfus Energy Services LP agreed to pay a civil penalty of $4.1 million and disgorge $3.3 million plus interest to settle U.S. allegations of power market manipulation.

The alleged manipulation occurred in the Midwest power market from November 2009 through February 2010. (Reporting by Scott DiSavino; Editing by Lisa Von Ahn)