If you enrolled in one of Verde’s variable rate electricity plans in connection with property located in New Jersey, Illinois, New York, Ohio, Massachusetts, and Pennsylvania, you may be entitled to payment from a Class Action Settlement.
A settlement has been proposed in a class action lawsuit against Verde Energy USA, Inc., Verde Energy, USA Ohio, LLC, Verde Energy, USA Massachusetts, LLC, and/or Verde Energy, USA New York, LLC (referred to as “Verde” or “Defendants”) claiming that Defendants solicited customers by promising a variable rate for energy that was to fluctuate based on market conditions, and that the rate was allegedly not priced in accordance with market conditions.
Plaintiffs maintain that Defendants’ actions constitute violations of various states’ consumer protection laws, as well as other laws. Defendants deny Plaintiffs’ claims and charges, deny that they violated any laws, and maintain that their actions have been in accordance with their contractual commitments and not deceptive. Both parties have agreed to settle the lawsuit.
Your legal rights may be affected whether you act or do not act. Read this website carefully.
Your legal rights and options—and the deadlines to exercise them—are generally explained on this website and in the Frequently Asked Questions (FAQs). Your legal rights may be affected whether you act or do not act. Please read this information carefully.