Marshall Fire Lawsuit Settled: Xcel Energy Agrees to $640 Million Payout, Averting Trial
Marshall Fire Lawsuit Settled: Xcel Energy Agrees to $640 Million Payout, Averting Trial Xcel Energy and two telecom companies have reached a $640 million settlement with thousands of plaintiffs, effectively averting a major trial that was set to begin today over the devastating Marshall Fire. The ‘agreement in principle,’ announced by the utility on Wednesday, September 24, 2025, comes just hours before jury selection was slated to begin in Boulder County District Court. The substantial settlement aims to resolve all…