Nancy McFadden benefitted financially from her decisions through PG&E stocks she held, complaint contends
By Miriam Raftery
Photo: Youtube screenshot
March 15, 2016 (Santa Monica) – Consumer Watchdog, a nonprofit organization, has filed a complaint with the Fair Political Practices Commission contending that Governor Jerry Brown’s top aide, Nancy McFadden, broke state law by owning up to $1 million in stock in her former employer, Pacific Gas & Electric, and using her official position for personal financial benefit by intervening to inflate the company’s stock price. She also reportedly failed to appropriately disclose the timing of her PG&E stock sales.