California AG Rob Bonta announces $50M settlement against Vitol, Inc. and SK Energy Americas for price gouging allegations in 2015.

California Attorney General Rob Bonta announced a $50 million settlement with gas trading firms Vitol, Inc. and SK Energy Americas for price gouging allegations. Residents who purchased gas in select Southern California counties from February 20 to November 10, 2015, may be eligible for compensation. Claims must be submitted online by January 8, 2025. The settlement aims to address market manipulation during a crisis, with $37.5 million designated for affected consumers.

October 02, 2024
12 Articles

Further Reading