We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Kentucky Alleges Marathon Broke Price-Gouging Law

Law360 (May 11, 2007, 12:00 AM EDT) -- The Commonwealth of Kentucky sued Marathon Oil Corp. Thursday for allegedly violating a Kentucky price-gouging law, accusing the Houston-based energy company of substantially raising prices at its Kentucky gas stations and at wholesalers in the aftermath of Hurricane Katrina.

In response, Marathon countersued, stridently denying the accusations while also claiming that the price-gouging law is unconstitutional.

The initial suit was filed in Kentucky’s Franklin County District Court by state Attorney General Gregory D. Stumbo.

Marathon is a leading integrated energy company, with 2006 revenues totaling $65...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.