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 violations of the Cartwright Act, subject to deductions for payments of taxes, administration costs, and attorneys’ fees and costs. $12,500,000 is assessed as a penalty under California’s Unfair Competition Law and will be used by state and local government to enforce consumer protection laws.
To submit a claim, learn full details about your rights and options, and access frequently asked questions, visit www.CalGasLitigation.com .
https://www.goldrushcam.com/sierrasuntimes/index.php/news/local-news/60833-attorney-general-bonta-says-california-drivers-may-be-eligible-for-a-gas-settlement-payment
the big take away from this? Gas trading firms were caught manipulating spot market prices for California gasoline, by the California Attorney General.
That wasn't headline news. That wasn't even in the news.
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