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SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report February 23, 1994
I.R.S.
Commission Employer
File State of Identification
Number Registrant Incorporation Number
001-11227 Washington Energy Company Washington 91-1005304
001-11271 Washington Natural Gas Company Washington 91-1005303
815 Mercer Street, Seattle, Washington 98111
(Address of Registrant's principal executive offices)
Registrant's telephone number, including area code: (206) 622-6767
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PAGE 2
Item 5. Other Events
On February 22, 1994, Washington Energy Company made the following press
release:
SHAREHOLDERS' CLASS-ACTION SUIT
SEATTLE -- A class-action complaint has been filed against Washington Energy
Company (NYSE:WEG) alleging violations of state and federal securities act
provisions and associated violations of Washington state law.
The company has not been served with the complaint, but has obtained a
copy.
The essence of the complaint concerns alleged disclosure violations
regarding the nature or the extent of the downside financial risk associated
with the 1992 rate request filing of the company's Washington Natural Gas
subsidiary before the Washington Utilities and Transportation Commission.
The company denies the allegations stated in the complaint and strongly
denies that it has violated any federal or state laws and intends to vigorous-
ly defend the suit.
The company expects to issue a further statement when the contents of
the lawsuit have been evaluated.
PAGE 3
Signatures
Pursuant to the Requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
WASHINGTON ENERGY COMPANY
by /S/ James P. Torgerson
Senior Vice President - Finance,
Planning and Development and
Chief Financial Officer
WASHINGTON NATURAL GAS COMPANY
by /S/ James P. Torgerson
Senior Vice President - Finance,
Planning and Development and
Chief Financial Officer
February 23, 1994
