Settlement of $790,000 Awarded to Class Members who Paid Unnecessary “Regulatory Fee” Imposed by Florida Public Utilities, Co.

//Settlement of $790,000 Awarded to Class Members who Paid Unnecessary “Regulatory Fee” Imposed by Florida Public Utilities, Co.

Settlement of $790,000 Awarded to Class Members who Paid Unnecessary “Regulatory Fee” Imposed by Florida Public Utilities, Co.

FOR IMMEDIATE RELEASE

MIAMI – The Honorable Lucy Chernow Brown of the 15th Judicial Circuit of Florida recently approved a final settlement of $790,000 for class members who were charged an unnecessary regulatory fee imposed by Florida Public Utilities, Co (FPU). The fee appeared as a “Regulatory Compliance” charge on customers’ propane gas bill.

“We’re very pleased with the Court’s approval of the final settlement. This was not a fee imposed by any state or local regulatory body, as the sale of propane gas is unregulated,” says attorney Lance A. Harke.

The Miami-based commercial litigation and consumer class action law firm of Harke Clasby & Bushman LLP, (www.harkeclasby.com) served as lead class counsel on the case. The class includes all persons and entities who reside in Florida who paid FPU’s Regulatory Compliance charges between May 27, 2006 and September 24, 2010.

The final settlement obliges FPU to pay $790,000 into a settlement fund from which Claims Administrator, Analytics, Inc. will send to each class member, by regular U.S. mail, a check equal to each class member’s proportional share of the settlement fund, based on the dollar amount of the Regulatory Compliance fee. The settlement also requires FPU to add a disclosure regarding the nature of the Regulatory Compliance charge on its invoices and in any future contracts with its customers.

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Miami-based Harke Clasby & Bushman LLP was established by founding partner and trial lawyer, Lance A. Harke in 2000. The firm represents clients throughout the State of Florida and in courts across the country in a wide range of commercial law matters related to commercial litigation, business torts, consumer class actions, securities class actions, product liability, insurance litigation, general civil litigation, general commercial litigation, civil appeals, prescription drug issues, employment matters, bad faith issues, professional malpractice, medical malpractice, and appellate practice.

By |2016-07-26T02:18:17+00:00March 28th, 2011|Announcements|0 Comments