Antitrust & Trade Reg.,
Consumer Protection Law,
Environmental & Energy
Jul. 3, 2024
Gasoline companies settle price-fixing lawsuit for $13.9 million
The settlement follows the California Attorney General's filing of deceptive marketing claims against major fossil fuel companies.
Gasoline companies accused of fixing prices by manipulating the spot market following a 2015 explosion at a Torrance refinery agreed to pay $13.9 million to settle the consolidated litigation, weeks after the California Attorney General filed deceptive marketing claims Exxon Mobil and other major fossil fuel companies.
U.S. District Judge Jacqueline Scott Corley in San Francisco continued the stay of proceedings on Tuesday
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