The New York Attorney General is keen on his enforceable subpoena powers; we've talked about his dealings with JP Morgan Chase and the private equity firms before. So It seems like the only thing this Hurricane aftermath is missing is a Schneiderman subpoena. Not sure if that expectation is a good thing or not.
Yesterday, the
Voice received word from Schneiderman's office that the AG was going after energy companies - 13 in total - for price gouging, in which companies like ConEdison and LIPA raised prices on essential services when demands were high. This might be a legal reflection of Cuomo's
recent rough relationship with the utility companies for their accused inaction and lack of customer care during the storm. According to the release, Schneiderman received
hundreds of complaints from businesses who believe they got ripped off by these energy companies.
And it's only the beginning: "These are the first of what is expected to be a series of actions taken in a wide-ranging investigation launched in the wake of Hurricane Sandy for price gouging after receiving hundreds of complaints from consumers across the state of New York," the Attorney General stated.
Looks like the storm profiteers are in it for the long haul.
"Today's actions are based upon a review of both consumer complaints and independent pricing information," he continued. According to the release, the thirteen lined out are the worst of the bunch, charging higher prices than the rest. Here's the list of those included:
3709 Crompond Road Cortlandt Manor, NY 10567 Consumer compliant $5.00 408 Rockaway Turnpike Cedarhurst, NY 11516 Consumer complaint 5.00+ - Babylon Gas Station/Express Mart
1000 Route 109 Lindenhurst, NY 11757 Consumer complaint $4.99 East Islip, NY 11730, NY Consumer complaint $5.50+ 2664 Route 112 Medford, NY 11763 Consumer complaint 5.50+
174 Westchester Avenue White Plains, NY Consumer complaint $5.05 Hutchinson River Parkway White Plains, NY Consumer complaint $5.03 278 Greenpoint Ave Brooklyn, NY Consumer complaint $4.74 4040 Crescent St Long Island City ,NY Consumer complaint $4.89 Northern Heights Service 7018 Northern Blvd Jackson Heights, NY Consumer complaint $5.50 1309 14th Avenue College Point, NY Consumer compliant $5.00 600 Pelham Parkway Bronx, NY Consumer complaint $5.39 688 E. Gun Hill Road Bronx, NY Consumer complaint $4.89
Read the full press release here.
As the subpoenas continue, stay tuned to the Voice for all the updates on the free-wheeling AG.