$ 7 Million Deal to End Energy Bait-and-Switch Suits Receives Initial OK

Law360 (Aug 19, 2021, 10:08 pm EDT) – An Illinois federal judge on Wednesday gave her initial approval of a proposed $ 7 million settlement to end six lawsuits against a bait-and-switch program However, an electricity company allegedly dragged on customers warned that it had “serious concerns” about the value of the deal.

U.S. District Judge Joan B. Gottschall had twice denied the settlement to resolve lawsuits from customer plaintiffs in Ohio, Illinois, New Jersey, Pennsylvania, New York and Massachusetts who alleged Verde Energy had baited her. Switching scheme where they had to pay more for electricity than they expected.

She had refused a premature …

Stay ahead of the curve

In the legal profession, information is the key to success. You need to know what is happening to customers, competitors, practice areas and industries. Law360 offers the intelligence you need to stay an expert and beat the competition.

  • Access case data within articles (numbers, filings, courts, type of lawsuit, and more.)
  • Access to attached documents such as Briefs, petitions, complaints, decisions, motions, etc.
  • Create custom notifications for specific article and case topics and much more!

TRY THE LAW360 FREE SEVEN DAYS

Comments are closed.