Verde Energy Rates
Allegations: Falsely representing that it offers variable energy rates based on market conditions when the energy company routinely charges almost four times the market rate
Verde Energy
August 2021: The Court granted preliminary approval of a settlement agreement. Go to https://www.variablerateenergysettlement.com/ for more information.
March 2018: A class-action lawsuit was filed against Verde Energy USA for allegedly luring customers to switch energy suppliers by falsely promising low teaser rates followed by variable rates that are based on market conditions when, according to the complaint, the variable rate is not based on market conditions and is inflated. (Mercado et al v. Verde Energy USA, Inc., Case No. 18-cv-2068, N.D. Ill.)
For more information about other class-action lawsuits filed against energy suppliers and TINA.org’s coverage of them, click here.
Class-Action Tracker
Verde Energy Prices
Allegations: Misleadingly offering “low cost” and “competitive” rates when the variable rates charged by the electricity supplier after the initial teaser rate expires are not tied to the market price…
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…
The Latest
Prevagen Scrubs Memory-Improvement Claims Following Court Order
What led up to brain supplement’s December to remember.
The Perimenopause Gold Rush
Jessica Bennett, The Cut
Friday Plans
Getting lucky for this cheap may be harder than you think.
Most Deceptive Ads of 2024
Here were some of the worst ads TINA.org investigated this year.
Schweppes, Canada Dry Ginger Ales
Lawsuit alleges products’ ginger ale taste comes from a secret artificial ingredient.