LegalNewsLine Logo  
Thursday, March 18 2010     Subscribe in NewsGator Online
News | Contact LegalNewsline | About Us | Advertise | RSS
Enter search keyword
 
NEWSLETTER
Receive our FREE weekly newsletter
click here
LNL MOST POPULAR ARTICLES
+ Poll: Brown, Whitman neck-and-neck
+ AG Tom Miller lands in GOP crosshairs
+ Brown gets polluting hair products taken off store shelves
+ Whitman leads Brown in latest poll
+ Judgments filed against two in N.C. real estate scheme‏
LNL HOT TOPICS
+ Asbestos
+ Bankruptcy
+ Big Pharma
+ Class Action
+ Dickie Scruggs
+ Financial Crisis
+ Gasoline Prices
+ Global Warming
+ Hurricane Katrina
+ Lead Paint
+ Personal Injury
+ Sub-Prime Mortgages
News 
 
Gas stations enter agreements over price gouging complaints
Mike Cox (R)
LANSING, Mich. (Legal Newsline)-Michigan Attorney General Mike Cox announced that 11 gas stations in the state have entered into compliance agreements over accusations of price gauging.

The 11 Michigan gas stations were being accused of drastic price increases-ranging from $4.99 to $5.39-after Hurricane Ike's 2008 landfall near major domestic oil processing facilities in Texas.

After complaints came in following the Sept. 12, 2008, hurricane, the attorney general's office began an investigation into alleged price gauging and investigated 16 stations. The attorney general's office demanded that 11 of stations enter into compliance agreements as a result of their questionable pricing practices.

"These actions should send a warning that gouging will not be tolerated," the Republican attorney general said. "Drivers can be assured that our office is monitoring gas prices and looking out for them everyday."

Filed in Ingham County Circuit Court this week, the compliance agreements require the stations to promptly provide documentation at the request of the attorney general's office to verify unusual price spikes; cease any practice of raising prices in response to consumer apprehension unless such increases can be justified by billing records; and, in some cases, pay fines equivalent to identifiable profits gained by stations from Ike's landfall.

Filed Under: none


COMMENTS ON THIS ARTICLE:

No comments have been posted in the last 15 days!

SEND US YOUR COMMENTS ON THIS ARTICLE:


* - Required fields

Subject: *
Message: *
Contact Name: *
Contact URL:
Contact Email: *
This Is CAPTCHA Image
Write the characters in the image above: 

E-mail this article to a friend | Printer friendly format

MORE NEWS HEADLINES:
+ AIG settles Oregon's securities lawsuit - 2/26  
+ Col. AG files lawsuit against credit repair company - 2/22  
+ Bill would allow Oregon AG to prosecute lenders - 2/17  
+ Calif. AG hopeful Lieu takes swipe at Toyota - 2/5  
+ Nevada AG reaches settlement with loan modification company - 2/5  
+ Springfield contractor faces lawsuit from Madigan - 12/10  
+ Trial lawyer eschews Arizona AG run - 12/8  
+ Krauthammer: Scrap Senate health care bill, enact tort reform - 11/30  
+ Pa. AG files suit against mortgage rescue firms - 11/24  
+ VONAGE agrees to $3 million multistate settlement - 11/16  


IN THE SPOTLIGHT:
Wednesday, March 10, 2010
Most of the judges on the New Mexico Court of Appeals get a failing grade when it comes to the "expansion of liability," according to a judicial evaluation report.
Read more...


+ 'Land of Enchantment' in 'Hellhole': Tort reform group calls New Mexico's appeals court 'pro-liability' - 3/2
+ Group puts the brakes on Honda class action settlement - 2/23
+ AG Brown, feds sitting out whisteblower suit against pipemaker - 2/18
+ Calif. AG hopeful vows to target public employee pension increases - 2/12
+ Nebraska AG Bruning's political star rising - 2/5
BROWSE BY STATE:
 
BROWSE BY AG:
 
BROWSE BY DATE:
 
LATEST LNL BLOG ENTRIES:
+ Abbott: Beware Dietary Supplement Scams and 'Miracle' Health Claims
+ Abbott's signs of a scam
+ AG McCollum on convicts in the mortgage industry
NEWS WIDGET:
Attention bloggers:
Add Record Headlines to your site!


fast + free- click here

NEWS | CONTACT LEGALNEWSLINE | ABOUT US | ADVERTISE | RSS © 2008 LegalNewsLine.com. All Rights Reserved.