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Mercado v. Verde Energy USA, Inc.
Case Number:
1:18-cv-02068
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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August 19, 2021
$7M Deal To End Energy Bait-And-Switch Suits Gets Initial OK
An Illinois federal judge on Wednesday gave her initial signoff to a proposed $7 million settlement to end six lawsuits challenging a bait-and-switch scheme an electricity supplier allegedly pulled on customers, but warned she has "serious concerns" about the deal's value.
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June 25, 2021
$7M Energy Bait-And-Switch Deal Lacks Details For Early OK
An Illinois federal judge has rejected a proposed $7 million settlement that aimed to end six lawsuits challenging a bait-and-switch scheme an electricity supplier allegedly pulled on customers, saying she needs more information before she can bless the deal.
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June 21, 2021
Energy Co. To Pay $7M To End Bait-And-Switch Claims
Verde Energy USA Inc. has reached a proposed $7 million settlement to end a half-dozen proposed class actions alleging it drew customers in with a bait-and-switch scheme that left them paying more for electricity than they had expected.
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April 12, 2019
Energy Co. Says It Never Made Promises In Fraud Suit
Verde Energy USA Inc. said Thursday it should not have to face an Illinois consumer fraud claim brought by an electricity customer who accused the company in a putative class action of price-gouging, arguing it was based on promises the company never made.
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March 22, 2018
Energy Co. Price-Gouging Ill. Customers, Suit Says
Connecticut-based Verde Energy USA was hit with a putative class action in Illinois federal court Wednesday in a suit claiming the company is price-gouging its customers by luring them in with false promises that it offers variable rates based on market conditions when the prices are based on its own inflated rate.