Results for "ambit"

Ambit Energy’s “1% Savings Guarantee”

November 1st, 2019

July 2018: A state court judge granted final approval of the settlement agreement. February 2018: A state court judge preliminarily approved a settlement agreement. According to the terms, class members who were rolled off of Ambit’s Guaranteed Savings Plan to its New York Select Variable Plan may receive a refund in an amount that depends

Ambit Energy Rates

March 27th, 2018

February 2018: A federal judge granted preliminary approval of a settlement agreement. According to the terms, class members will receive a partial refund for the amount they paid while on a variable plan. Class members who were enrolled in a variable plan between January 2011 and January 2014 will receive a 15% refund and class

Ambit’s Energy Rates

December 14th, 2017

March 2017: A federal judge granted Ambit’s motion for summary judgment concluding that there was no fraudulent misrepresentation or fraudulent intent, among other things. To learn more about the judge’s decision, click here to read the full court order. 2015: A false advertising class-action lawsuit was filed against Ambit Energy for allegedly using a pyramid

Ambit Energy

September 4th, 2015

September 2015: This action was dismissed after plaintiffs failed to amend claims that were dismissed in July 2015. July 2015: A federal judge granted Ambit Energy’s motion to dismiss the complaint finding, among other things, that the plaintiffs failed to state a claim under New Jersey law because the complaint did not sufficiently plead the

Ambit’s “Budget Billing” Plan

June 23rd, 2015

In June 2015, a class-action lawsuit was filed against Ambit Energy for allegedly marketing itself as less expensive than other utility companies when, in reality, Ambit customers end up paying more for energy. Specifically, the complaint alleges that Ambit promises that its budget billing program helps customers “avoid the highs and lows of the usual

TINA’s List

October 13th, 2015

Readers have told us to look into these MLMs.

Illegal Pyramid Scheme Exposed by

May 15th, 2013

Work from home, get rich, and vacation in luxurious resorts. That’s the promise offered by Washington-based Resorts360 Vacation Club. All you need to do is buy an expensive membership and get others to join. But what Resorts360 is really selling, according to the advertising watchdog group (, is an illegal pyramid scheme., a

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