FPL GROUP: Adelphia Comms Lawsuit Set for Trial in December 2010

A lawsuit filed by Adelphia Communications Corporation against FPL Group, Inc. and an indirect subsidiary is scheduled for trial in December 2010.

In 1995 and 1996, the Company, through the indirect subsidiary, purchased from Adelphia 1,091,524 shares of Adelphia common stock…

FPL GROUP: Opposing FMPA’s Appeal over Tariff Structure Dispute

FPL Group, Inc. continues to oppose the Florida Municipal Power Agency’s (FMPA) position that Florida Power & Light Company’s rates should be reduced by an additional $0.20 per kw per month.

The Company says that if upheld, it would result in…

FPL GROUP: Florida Power Talks with FERC to Settle Outage Issue

FPL Group, Inc. reports that Florida Power & Light Co. and the Federal Energy Regulatory Commission staff have been engaged in discussions to determine whether a settlement can be reached on allegations of violations of mandatory reliability standards.

In February 2008,…

FPL GROUP: Shiflett Appeal Still Pending in Fla. Fifth Circuit

FPL Group, Inc. reports that the appeal brought by Edward and Janis Shiflett over the dismissal of the mercury poisoning case they filed on behalf of their son, Phillip Benjamin Shiflett, remains pending the Florida Fifth District Court of Appeal.

In…

FPL GROUP: TXU Appeal Still Pending in Fifth District Court

FPL Group, Inc. reports that TXU Portfolio Management Company has a pending appeal before the Fifth District Court of Appeals in Dallas, Texas, over the final judgment stating that both TXU and the NextEra Energy Resources Affiliates breached the contract.

In…

FPL GROUP: Roigs’ Mercury-Poisoning Claim Pending in State Court

FPL Group, Inc. reports that the action brought by Pedro C. and Emilia Roig on behalf of themselves and their son, Pedro Anthony Roig, against Aventis Pasteur and a number of other named and unnamed drug manufacturing and distribution companies…

FPL GROUP: Adelphia Comms Litigation Set for Trial in June 2010

The case over the dispute between FPL Group, Inc. and Adelphia Communications Corporation related to the repurchase of shares is in discovery and has been scheduled for trial in June 2010.

In 1995 and 1996, FPL Group, through an indirect subsidiary,…