Results for "teaser"

Viridian Energy Rates

September 24th, 2019

June 2018: A federal judge granted final approval of the settlement. February 2018: A federal judge preliminarily approved a settlement agreement. According to its terms, class members may receive either a cash payment (in an amount that depends on the amount of energy they used) or an $8.50 credit to use on up to 12


Rates at Sperian Energy

July 15th, 2019

May 2019: This case was transferred to another court in Illinois. (Case No. 19-cv-3128, C. D. IL.) October 2018: A class-action lawsuit was filed against Sperian Energy for allegedly deceptively using a bait-and-switch scheme to deceive consumers. Specifically, the complaint alleges that the company lures consumers to switch electricity suppliers by offering low teaser rates


Verde Energy Prices

April 30th, 2019

In April 2019, a class-action lawsuit was filed against the electricity supplier Verde Energy for allegedly misleadingly offering “low cost” and “competitive” rates when, according to plaintiffs, the variable rates charged by the electricity supplier after the initial teaser rate expires are not tied to the market price and it routinely charges up to three


Sperian Energy’s Rates

August 6th, 2018

July 2018: This case was transferred from a court in the eastern district of Pennsylvnia to one in the western district of Pennsylvania. (Corsale et al v. Sperian Energy Corp., Case No. 18-cv-996, W. D. PA.) May 2018: A class-action lawsuit was filed against the electricity supplier Sperian Energy for allegedly falsely offering low initial


Sperian Energy Rates

May 31st, 2018

In May 2018, a class-action lawsuit was filed against Sperian Energy for allegedly misleadingly offering a low teaser rate followed by a month-to-month variable rate that is based on the market when, according to the plaintiffs, the electricity supplier charges high rates that are not based on the market and consumers end up paying more


Xoom Energy Rates

May 22nd, 2018

In May 2018, a false advertising class-action lawsuit against Xoom Energy was transferred to federal court. The complaint, which was originally filed in state court in April 2018, alleges that the company misleadingly promises consumers that if they switch to Xoom Energy, they will save on their monthly bill by getting the offered introductory teaser


IDT Energy

April 27th, 2018

October 2017: A federal judge granted preliminary approval of a settlement agreement that will resolve this case along with two others, McLaughlin v. IDT Energy (Case No. 14-cv-4107, E. D. NY.) and Aks v. IDT Energy (Case No. 14-L-04936, New Jersey Superior Court – Essex County). According to the settlement terms, class members may receive


Verde Energy

March 26th, 2018

In March 2018, a class-action lawsuit was filed against Verde Energy USA for allegedly luring customers to switch energy suppliers by falsely promising low teaser rates followed by variable rates that are based on market conditions when, according to the complaint, the variable rate is not based on market conditions and is inflated. (Mercado et


Rates from Agway Energy Services

March 19th, 2018

In March 2018, a class-action lawsuit was filed against Agway Energy Services for allegedly deceptively luring consumers to switch energy suppliers by promising them low teaser rates followed by variable rates based on market-related factors when, according to the plaintiffs, the rates charged after the teaser rate are inflated and not based on market-related factors.


Agway Energy Services

February 27th, 2018

February 2018: This case was transferred from a court in Delaware to one in New York. (Case No. 18-cv-235, N. D. NY.) December 2017: A class-action lawsuit was filed against Agway Energy Services for allegedly using a “bait-and-switch scheme” to lure consumers to switch to its electricity supply service. According to the complaint, the company


CenturyLink

November 16th, 2017

In October and November 2017, multiple class-action lawsuits were filed against CenturyLink for allegedly deceptively promoting low teaser rates for telephone, internet, and television services when, according to the complaint, customers are actually charged more than the represented rates. Click on the case information below to see each complaint. Clayton et al v. CenturyLink, Inc.


Just Energy Rates

October 5th, 2017

In October 2017, a class-action lawsuit was filed against Just Energy for allegedly enticing customers to sign up for its services by offering energy at low initial “teaser rates” without adequately disclosing that, after the teaser rate period expires, customers are charged “exorbitant variable energy rates” that are higher than the rates charged by other


Starion Energy

July 6th, 2017

April 2016: The named plaintiff filed a Notice of Appeal regarding the dismissal of the lawsuit. March 2016: A federal judge granted the company’s motion to dismiss finding that the complaint fails to plead a plausible claim. The dismissal was . To learn more about the reasons for the dismissal, click here. February 2015: A


Verde Energy USA

July 6th, 2017

May 2015: This action was voluntarily dismissed , the reasons for which have not been disclosed. March 2015: A class-action lawsuit was filed against Verde Energy USA, Inc. for allegedly deceptively inducing consumers to switch their electricity supplier. Specifically, plaintiffs claim that the company offers low initial rates for electricity (i.e., a “teaser rate”) and


Constellation Energy Power Choice

May 24th, 2017

In May 2017, a class-action lawsuit was filed against Constellation Energy Power Choice for allegedly using a bait-and-switch marketing scheme to make consumers believe they will save money if they switch their electricity supplier. According to the plaintiffs, the company deceptively offers a low initial rate for a specific number of months without informing consumers


Spark Energy Rates

April 26th, 2017

In April 2017, a class-action lawsuit was filed against Spark Energy for allegedly using a bait-and-switch marketing scheme by offering consumers an initial teaser rate for their electricity and a subsequent “variable market rate” without telling consumers that the variable rate is “substantially higher” than the teaser rate and does not actually fluctuate based on


North American Power and Gas

December 5th, 2016

In October 2016, a class-action lawsuit was filed against North American Power and Gas for, among other things, allegedly misleadingly offering low promotional teaser rates for electricity when, after the introductory rate expires, customers are automatically rolled into a variable rate plan with high rates regardless of fluctuations in the market price and, as a


WaMu Option ARM Mortgages

June 23rd, 2015

In April 2015, a federal judge granted final approval of a $10 million settlement of a class-action lawsuit against BrooksAmerica Mortgage Corp., Washington Mutual Mortgage Securities Corp., WaMu Asset Acceptance Corp., Residential Funding Company, LLC. The complaint alleged that loan documents and disclosure statements for the Option Adjustable Rate Mortgage (“Option ARM”) failed to disclose



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