Steketee v. Viridian Energy, Inc.

Plaintiff brought this suit on behalf of all customers of Viridian Energy, Inc. in New Jersey, alleging that Viridian Energy charged extraordinarily high variable rates for the supply of electricity that were not – contrary to the provisions of Viridian Energy’s contract — linked to the market rate for electricity.  The Complaint was filed in April of 2015 in the U.S. District Court for the District of Connecticut.  On December 2, 2015 the Court denied Defendant’s Motion to Dismiss the Complaint.

On February 6, 2018, the parties reached an agreement on a Settlement to the litigation, which the Court preliminarily approved on February 16, 2018.  After notice to the Class and a public hearing, the Court gave final approval to the Settlement on June 27, 2018.  Copies of the court filings related to the Settlement are below.  The Claims Administrator will send checks to class members who timely filed a claim form as soon as all claim forms have been checked and verified and the allocation calculations are completed.  Please be patient.