Ambit Energy
TINA.org investigated Ambit Energy as part of its larger investigations into atypical income claims used by MLM companies.
To read more about TINA.org’s 2023 MLM Income Claims Investigation, click here.
To read more about TINA.org’s 2017 DSA Income Claims Investigation, click here.
How We Took Action
2024
February 14
As part of its 2023 investigation into 100 MLM companies, TINA.org notifies Ambit Energy of its findings that the company has used atypical income claims to market its business opportunity.
2021
October 26
The FTC sends Ambit Energy a Notice of Penalty Offenses Concerning Money-Making Opportunities putting the company on formal notice that it is an unfair or deceptive trade practice to misrepresent that profits or earnings are the ordinary, typical or average profits or earnings made by participants, and to fail to disclose conditions affecting income, such as expenses borne by the participants, among other things.
June 30
TINA.org sends a letter, along with a list of more than 660 direct selling companies that includes Ambit Energy, to the FTC urging it to implement a penalty offense program targeting the direct selling industry and its market-wide practice of using deceptive earnings representations and false health claims.
2017
December 18
As part of its 2017 investigation into all DSA-member companies, TINA.org sends a letter to Ambit Energy regarding its use of false and unsubstantiated income claims to promote its business opportunity.
The Latest
MLMs Continue to Recruit with Deceptive Earnings Claims
TINA.org investigation finds 98% of MLMs using misleading income claims.
TINA’s List
Readers have told us to look into these MLMs.
Class-Action Tracker
Ambit Energy Rates
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…
Ambit’s Energy Rates
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…
Ambit Energy
September 2015: This action was dismissed When a complaint is dismissed with prejudice, it cannot be refiled. after plaintiffs failed to amend claims that were dismissed When a complaint is…
Ambit’s “Budget Billing” Plan
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…