Patel Hammond PLLC Files Lawsuit Against GDF Suez Energy North America, Inc. and Others Regarding Commodity Market Manipulation
Author: admin
Posted: 24 April 2014
FOR IMMEDIATE RELEASE
April 24, 2014
Contact: Barry Hammond
Email: barry@patelhammond.com
Phone: (713) 570-6000
Houston, Texas – On Tuesday, April 22, 2014, Barry M. Hammond, Jr. and Patel Hammond PLLC filed a lawsuit on behalf of Aspire Commodities, LP and Raiden Commodities, LP in the U.S. District Court for the Southern District of Texas against GDF Suez Energy North America, Inc. and others. The suit alleges the defendants have intentionally exploited ERCOT’s market rules and operations to manipulate outcomes in physical and financial commodities markets. T. Joseph Wendt and Stephen J. Dutton of Barnes & Thornburg LLP have been retained as Of Counsel by Aspire Commodities, LP and Raiden Commodities, LP in this suit.
You can view a copy of the lawsuit by clicking here.
Additionally, Raiden Commodities, LP filed a petition with the Public Utility Commission of Texas on April 21, 2014 requesting repeal of ERCOT’s “small fish” exemption – the heart of GDF Suez Energy North America, Inc.’s alleged commodities market manipulation schemes.
You can view a copy of the rulemaking petition by clicking here.
# # #
This lawsuit has been covered in the following publications:
Texas Coalition for Affordable Power
4 Comments so far
What a information of un-ambiguity and preserveness of precious
familiarity regarding unexpected feelings.
Fantastic goods from you, man. I’ve understand your stuff previous to and you’re just extremely magnificent.
I really like what you’ve acquired here, really like what you are stating and the way in which you say it.
You make it entertaining and you still care for to keep it sensible.
I can’t wait to read much more from you. This is really a wonderful website.
That is really fascinating, You’re an overly professional blogger.
I have joined your rss feed and look ahead to searching
for more of your fantastic post. Also, I have shared your web
site in my social networks
Excellent post. I was checking continuously this blog and I’m impressed! Extremely helpful info specially the last part
I care for such info a lot. I was seeking this particular info for a long time. Thank you and good luck.