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Following energy issues in the state of Connecticut and beyond.

Saturday, September 18, 2010

Positive Energy Chief Executive Sued By State

More bad news for Positive Energy President and Chief Executive Officer Joseph Ventura, according to a consumer affairs blogger affiliated with the New Haven Register's web site.


Ctwatchdog.com blogger George Gombossy (shown at left) is reporting that Ventura is the subject of lawsuit initiated by Connecticut Attorney General Richard Blumenthal's office. The lawsuit is on behalf of State Banking Commissioner Howard Pitkin to collect on a $100,000 fine that the agency imposed on Ventura more than two years ago for submitting false information on a loan application when he worked as a loan officer.

Positive Energy is a reseller of electric energy. The company is under investigation by the state Department of Public Utility Control.



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