McGraw-Hill Ordered to Disclose Gas Trades
McGraw-Hill Cos., the publisher of Inside FERC’s Gas Market Report, was ordered to provide a summary of natural-gas trading information to lawyers defending a former El Paso Corp. executive.
Todd Geiger is accused of fabricating 48 natural-gas trades and reporting the false data to the industry newsletter, which compiles gas price indexes used in supply contracts. He pleaded not guilty in December to wire fraud and making a false trade report.
U.S. District Judge Nancy Atlas said McGraw-Hill must deliver to Geiger’s attorneys a summary that includes a monthly range of prices and volumes of gas traded, the number of companies that provided data and the number of trades.
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