I keep reading how investors are making great dividends and what a buy AmeriGas is. I guess I wonder how long can they sustain. Michigan ASG is suing them for price gouging, they paid out $800K to Ventura county in Cal. Vermont AG got his share too. Do they accrue for all these suits? As an investor, I like money, but getting it in a way that hurts those who cannot afford to invest is wrong. One will now tell me to not invest in AmeriGas. The suits will only get larger and more frequent. get out before you lose that precious investment.
I just wonder how much revenue does AmeriGas need to lose before investors pull out. They just settled for about $600K in Michigan for price gouging. They settled in Ventura county Ca. for $800K because of collusion. The FTC just got them to admit to collusion with Ferrell Gas and the price tag has yet to be determined. Vermont got a nice settlement too. Is it OK to try and cheat the system because the dividends keep coming? hey Tom, rob a candy store and see what happens to you. Would love some feed back. By the way, this is not the end to their fraudulent ways.