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Ambit Pushes 3rd Circ. For Rehearing In Rate-Hike Suit

By Stan Parker ( January 25, 2017, 10:33 PM EST) -- An Ambit Energy unit has urged the Third Circuit to rethink a recent panel ruling that revived a putative class action accusing the company of boosting customers' rates after wooing them with promises of lower prices, saying the panel's holding was based on flawed contract law principles that weren't argued by either party....

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