T&K Client Ambit Featured in Energy Choice Matters on Case Dismissal

“Court Dismisses Suit Against Retail Supplier Which Had Alleged Prices Were Not Competitive As Promised”
 
A federal court had dismissed a lawsuit, which had sought class action status, against Ambit Energy and various affiliates, after concluding that Ambit’s actions were consistent with its contract with the complainant.
 
As first reported by EnergyChoiceMatters.com, the suit, one of the first of dozen similar suits filed against various retail suppliers in the wake of the polar vortex, alleged that Ambit, “falsely promis[ed] to charge competitive rates reflective of prevailing market conditions.”