

This settlement resolves the following Actions, as well as those actions that could have been filed in Illinois, New Jersey, Massachusetts, New York, Ohio, and Pennsylvania, including Mercado v. Plaintiffs maintain that Defendants’ actions constitute violations of various states’ consumer protection laws, as well as other laws.ĭefendants deny Plaintiffs’ claims and charges, deny they have violated any laws, and maintain that their actions were in accordance with their contractual commitments and not deceptive. Plaintiffs allege that Defendants promised to charge customers a variable rate for energy that was to fluctuate based on market conditions, and that the rate charged was allegedly not priced in accordance with market conditions. variable rate electricity plan customer in Pennsylvania beginning in 2018 following a transfer from Oasis Power, LLC (the “Class Period”). Plaintiffs have brought this action against Verde, on behalf of themselves and all other persons who enrolled in one of Verde’s variable rate electricity plans in connection with property located within Massachusetts from April 17, 2013, through Octowithin New York from January 21, 2014, through October 31, 2015, within Illinois from Januthrough October 31, 2015, within New Jersey from January 21, 2012, through October 31, 2015, within Ohio from Jthrough October 31, 2015, and within Pennsylvania from January 1, 2012, through October 31, 2015, or if you became a Verde Energy USA, Inc.
