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F.E.R.C. v. CITY POWER MARKETING, LLC

Civil Action No. 15-1428 (JDB).

199 F.Supp.3d 218 (2016)

FEDERAL ENERGY REGULATORY COMMISSION, Plaintiff, v. CITY POWER MARKETING, LLC, and K. Stephen Tsingas, Defendants.

United States District Court, District of Columbia.

Signed August 10, 2016.

Attorney(s) appearing for the Case

James C. Owens, Jr. , Thomas P. Olson , Federal Energy Regulatory Commission, Jennifer A. Short , Peter C. Pfaffenroth , U.S. Attorney's Office for the District of Columbia, Washington, DC, for Plaintiff.

Alain J. Ifrah , Ifrah, PLLC, Patrick Todd Mullins , McGuirewoods LLP, Washington, DC, for Defendants.

MEMORANDUM OPINION

City Power Marketing, LLC, an energy-trading firm founded by K. Stephen Tsingas, engaged in "virtual trading" in wholesale electricity markets. Virtual traders do not actually supply or receive electricity but instead stake out market positions that...

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