Energy Plus, Plaintiffs Seek OK For $11M Rate Settlement

Law360, New York (July 3, 2013, 3:15 PM EDT) -- Energy Plus Holdings LLC and the plaintiffs in a putative class action accusing the company of using deceptive advertising to conceal noncompetitive electricity rates both urged a New York federal judge to approve an up to $11 million settlement, arguing the deal was fair despite objections from state regulators.

According to EPH's brief, filed July 1, the objections of the New York attorney general's office to the settlement deal — filed on behalf of itself and the attorneys general of Connecticut, Illinois and Maryland — are...
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