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Friday, November 8, 2024

Attorney General urges Californians to claim gas price manipulation settlement

State AG
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Attorney General Rob Bonta | Official website

California Attorney General Rob Bonta has urged residents who purchased gasoline in Southern California between February 20, 2015, and November 10, 2015, to submit claims for payments under a state settlement. The settlement involves gas trading firms accused of manipulating prices for California gasoline. Eligible individuals can file their claims online at www.CalGasLitigation.com.

"Market manipulation and price gouging are illegal and unacceptable, particularly during times of crisis when people are most vulnerable," said Attorney General Bonta. "I am proud to deliver money back to Californians who were victims of gas price manipulation. As the People’s Attorney, I am committed to combating corporate greed and ensuring justice for the people of California."

The $50 million settlement announced in July resolves allegations against Vitol, Inc., SK Energy Americas, Inc., and its parent company SK Trading International. These companies were accused of collaborating to manipulate spot market prices for gasoline in California.

Residents who bought gasoline in Los Angeles, San Diego, Orange, Riverside, San Bernardino, Kern, Ventura, Santa Barbara, San Luis Obispo, or Imperial counties during the specified period may qualify for compensation.

This state settlement complements a private class action lawsuit settled in federal court. For more information on how to submit a claim or learn about rights and options available under this settlement agreement visit www.CalGasLitigation.com.

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