Mirant denies allegations of erasing potentially damaging data
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Posted 7:01AM on Saturday, December 7, 2002
ATLANTA - Energy supplier Mirant Corp. on Friday denied allegations that it intentionally purged potentially damaging data from its computers. <br>
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The allegation was included in a shareholder lawsuit filed in U.S. District Court against Atlanta-based Mirant earlier in the week. <br>
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The suit claims a former Mirant employee ``revealed that he was instructed to delete certain files concerning Mirant's activities in California.'' <br>
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The employee, who was not identified, had been a technology-support worker at Mirant's executive department at company headquarters for six months between 2001 and 2002, the suit said. <br>
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The suit alleged that all senior executives were ``specifically targeted to have their computers 'cleansed,''' including chief executive officer Marce Fuller. <br>
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Mirant spokesman James Peters sharply denied the accusations. <br>
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``The allegations that we destroyed documents related to our business in California are completely false,'' Peters said. ``Those accusations are made with malicious intent to injure the reputation of Mirant and its employees.'' <br>
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The suit, a consolidation of 17 other suits, seeks class-action status to represent thousands of shareholders. <br>
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In November, a federal grand jury subpoenaed Mirant and several other companies in an investigation that followed accusations that energy suppliers fixed prices and withheld power to drive up prices during California's energy crisis in 2000 and 2001. Mirant, like the other companies under subpoena, has denied engaging in such practices. <br>
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In trading on the New York Stock Exchange, Mirant shares closed Friday at $1.75, down 14 cents, or 7.4 percent.