T&K Client Ambit Energy Featured in Top Class Actions on Suit Dismissal

“Judge Dismisses Class Action Lawsuit Against Ambit Energy”

Last week, a class action lawsuit alleging that Ambit Energy Holdings LLC unfairly hiked up its rates was dismissed by a New Jersey judge who ruled that Ambit had disclosed its rates in its terms of service.

Lead plaintiff Michael Urbino alleged in his class action lawsuit that that the Texas energy company used deceptive marketing ploys currently permitted by deregulated retail electricity markets in New Jersey and other states to offer customers “life-changing rewards,” “free travel, cruises and getaways,” and “free energy” to get them to switch energy suppliers. However, the rewards allegedly turn out to be worth much less than the savings and benefits Ambit promised.