Agreement Allows 'Misled'
Landowners to Renegotiate
New York Attorney General Andrew Cuomo has reached an agreement with Fortuna Energy, Inc. (Fortuna) that will allow customers who were misled and ended up extending their natural gas leases with the company to renegotiate their terms.
The settlement also stops Fortuna from employing industry-prevalent misleading and deceptive tactics to secure leases from New York landowners.
The company also agreed to pay $192,500 to the state in connection with the settlement.
Cuomo says, “Many of these companies use their size and extensive resources to manipulate individual property owners who often cannot afford to hire a private attorney.
http://www.oag.state.ny.us/media_center/2009/nov/nov24b_09.html
The settlement also stops Fortuna from employing industry-prevalent misleading and deceptive tactics to secure leases from New York landowners.
The company also agreed to pay $192,500 to the state in connection with the settlement.
Cuomo says, “Many of these companies use their size and extensive resources to manipulate individual property owners who often cannot afford to hire a private attorney.
http://www.oag.state.ny.us/media_center/2009/nov/nov24b_09.html
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