Palmco to Refund $4.5M to New Jersey Consumers for Deceptive Sale Practices

In a final consent judgment by the Superior Court of New Jersey, Chancery Division, Mercer County, on June 23 (Docket No. MER-C-33-14), Palmco Power NJ and Palmco Energy NJ agreed to pay $5.28 million – including up to $4.5 million in restitution to consumers – and to significantly revise the joint company’s business practices.

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