Verde Energy USA

May 2015: This action was voluntarily dismissed When a complaint is dismissed without prejudice, an amended version of the complaint can be refiled., 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 “variable rates” that are tied to the market rate when, in reality, the company routinely charges consumers almost four times the market rate after the “teaser rate” expires. (Roberts et al v. Verde Energy USA, Inc., Case No. 15-cv-00312, D. CT.).

For more information about other class-action lawsuits filed against energy suppliers and TINA.org’s coverage of the topic, click here.