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$7M VERDE SETTLEMENT GRANTED FINAL APPROVAL

December 17, 2021 – We are pleased to announce that after over three years of hard-fought and contentious class action litigation, U.S. District Judge Joan Gottschall has granted final approval of our Class Action Lawsuit Mercado v. Verde Energy USA, Inc. 

Plaintiff Mercado sued Verde Energy, a utility provider that services multiple states in the Northeast and Midwest regions, in March 2018. Verde claimed that customers would be charged based on changing market conditions when, in reality, Verde charged customers drastically higher than rates in the energy marketplace.  

In June 2021, Jonathan Shub and Kevin Laukaitis of Shub Law Firm were appointed lead counsel to oversee the settlement process. The $7 Million settlement will award claimants monetary relief based on their energy consumption over the designated period.  

If you are or were a Verde Energy Customer in MA, NJ, IL, NY, PA, or OH you may qualify as a class member. Visit https://www.variablerateenergysettlement.com/ to see if you are eligible, learn more about the case, and submit a claim. 

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