November 15, 2002

U. of California System to Lead Suit Against Energy Company

First Enron. Now Dynegy.

Eight months after it was selected as the lead plaintiff in a class-action shareholder lawsuit against the Enron Corporation, the University of California system has won the right to assume the same role in a similar case against Dynegy Inc., another Houston-based energy company.

The university system lost $113-million of the $147-million it had invested in Dynegy, by far the most among the eight parties that had sought to be lead plaintiff in the

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