If you purchased gasoline between February and November of 2015, you may be able to submit a claim for payment under the state’s settlement with gas trading firms for tampering with and manipulating prices for California gasoline.
California Attorney General Rob Bonta says that market manipulation and price gouging are illegal and unacceptable, particularly during times of crisis when people are most vulnerable. California residents who purchased gas in Southern California between February 20, 2015 and November 10, 2015 can now submit a claim for a payment under the state’s settlement with gas trading firms for tampering with and manipulating prices for California gasoline.
A settlement has been reached in a lawsuit between the Attorney General of California and three multinational gasoline suppliers. The lawsuit alleges that Defendants manipulated gasoline price indexes, causing inflated retail gas prices in violation of California’s antitrust laws: the Cartwright Act and Unfair Competition Law.
Under the settlement, Defendants have agreed to pay the total amount of $50 million into two settlement funds to resolve these allegations. Of this total, $37,500,000 will be distributed to consumers as compensation for those violations.
So what does that mean for you? A possible payment – but you’ll need to sign up to see if you are eligible. The deadline to submit claims is January 8, 2025. Eligible Californians may submit a claim online at www.CalGasLitigation.com.
