Fire Victim Trust to Increase Pro Rata Payments to California Fire Survivors to 66%

SAN FRANCISCO–(BUSINESS WIRE)–Cathy Yanni, Trustee of the Fire Victim Trust (FVT), announced a pro rata payment increase from 60 percent to 66 percent effective April 25, 2024. This increase was made possible by the Trust’s sale of the remaining 477 million shares of Pacific Gas & Electric (PG&E) stock awarded to the FVT during the bankruptcy proceedings. “With $1.2 billion in additional liquidity from our final stock sales and 97% of claims now accepted and final, we are confident we

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