March 12, 2019- In 2018, KS&G filed a class action lawsuit against Verde Energy, an alternative energy retailer, alleging that Verde breached its customer contracts by engaging in deceptive business practices and charging “exorbitantly” high energy-supply prices.
Judge rules the Class Action against Verde Energy will move forward
In a February 28, 2019 opinion, Judge Joan B. Gottschall denied Verde’s motion to dismiss Plaintiff’s breach of contract claim and unjust enrichment claim, because Verde’s customer contract promised that its variable rates would fluctuate according to market conditions. Since Plaintiff had plausibly alleged a breach of that promise, Judge Gottschall denied Defendant’s motion to dismiss Plaintiff’s claims.
This ruling allows the case to move forward, and KS&G will continue to vigorously litigate the matter on behalf of the Plaintiff and the proposed class of Illinois consumers who were overcharged a variable rate for electricity.
Kohn, Swift & Graf, P.C. has also filed a class action lawsuit against Verde Energy in New Jersey, but has not yet received a ruling on the motion to dismiss.
Our consumer protection lawyers have ongoing investigations of many deregulated energy companies, including Verde. In addition to New Jersey and Illinois, Verde operates in Connecticut, Massachusetts, New York, Ohio, and Pennsylvania.
If you are or were a Verde Energy Customer in any of the above states, please contact our lawyers. All consultations are free of charge. You may be eligible to be included in a class action lawsuit.