California Energy Companies Settle $13.9M Lawsuit Over Gas Price Manipulation for Non-Residents

Deadline
Deadline: January 8, 2025
Total Settlement Amount
Total amount allocated for all claims
Individual Payout Range
Estimated amount per eligible claim
Proof of Purchase
A sworn attestment or dates or proof of identity or other supporting documentation such as receipts of purchase is required. Third-party filers are not allowed to submit claim forms.
Settlement Summary
This class action lawsuit worth $13.9 million was filed against California energy companies, accused of gasoline price gouging, particularly targeting individuals and businesses that are non-California residents. The suit alleges that these companies manipulated the price of gasoline in California between February 18, 2015, and May 31, 2017, unfairly affecting those who purchased gasoline in the state during that period. The total settlement amount is dedicated to the affected non-California residents and businesses. The lawsuit is particularly significant as it addresses the issue of price manipulation, a practice that can have serious financial implications for consumers and businesses alike. Any non-California resident or business that purchased gasoline in California within the specified period may qualify for a payout. The potential payout varies depending on the amount of gasoline purchased, where it was purchased, and the number of qualifying individuals. To claim a payout, eligible parties must submit a claim form by January 8, 2025, and may be required to provide proof of purchase and identity. This lawsuit further highlights the importance of regulations in the energy sector to prevent manipulation and ensure fair pricing for all consumers. It may set a precedent for similar cases, potentially prompting more rigorous oversight of pricing practices in the industry. The case also underscores the role of class-action lawsuits in holding corporations accountable and protecting consumers' rights.
Entities Involved
Eligibility Requirements
- Must have purchased gasoline (regular, mid-grade, or premium) in California at retail for personal use and not for resale between February 18, 2015, and May 31, 2017
- At the time of purchase, must have lived outside California or been a business
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