In May 2018, a false advertising class-action lawsuit against Xoom Energy was transferred to federal court. The complaint, which was originally filed in state court in April 2018, alleges that the company misleadingly promises consumers that if they switch to Xoom Energy, they will save on their monthly bill by getting the offered introductory teaser rate that is lower than its competitors, followed by a variable rate that is based on the company’s supply cost when, according to the plaintiffs, the variable rate is substantially higher and not based on supply costs. (Mirkin et al v. Xoom Energy, LLC et al, Case No. 18-cv-2949, E.D.N.Y.)

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XOOM Energy

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XOOM Energy

February 2017: A federal judge dismissed some of the claims in this lawsuit while allowing others – including fraud claims – to move forward. To read the full decision and…


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Fisher Investments

Unearthing the fees that Fisher charges but doesn’t disclose in some of its TV ads.


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