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Ambit Energy Unit Beats Utilities Rate-Hike Suit

By Y. Peter Kang (March 21, 2016, 4:45 PM EDT) -- A Pennsylvania federal judge on Monday dismissed a proposed class action claiming that a unit of Ambit Energy Holdings LLC jacked up customers' rates after luring them into switching energy providers with promises of lower prices, ruling that Ambit's practices were clearly stated in its terms of service....

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