A 2002 prediction from the Third Circuit that Pennsylvania courts would bar contract actions from being brought under statutory fraud claims because of the economic loss doctrine is no longer valid, a federal district judge has ruled.
Although the Pennsylvania Supreme Court hasn’t spoken directly on the question, lower state courts have ruled differently than the U.S. Court of Appeals for the Third Circuit had predicted, U.S. District Judge Timothy J. Savage of the Eastern District of Pennsylvania said in his opinion rejecting an energy company’s motion to dismiss a potential class action alleging that it lured customers to switch their energy supplier with low initial rates, but ended up charging significantly more than local suppliers.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
