AG Nessel filed a public enforcement lawsuit against Climax Solar, its owner, Joshua Thompson, and the financial institutions that financed consumers’ purchases of Climax systems. It is alleged that the defendants participated in a deceptive solar-financing scheme that affected approximately 1,700 Michigan consumers and involved an estimated $81 million in financed transactions. The complaint alleges violations of the federal Consumer Financial Protection Act, the Michigan Consumer Protection Act, and the Michigan Home Solicitation Sales Act, along with claims of common-law fraud and unjust enrichment.

“Climax Solar and its financial partners targeted vulnerable homeowners who just wanted to lower their utility bills and left them with broken promises and massive amounts of debt. My office remains committed to not only fighting to recover money for ripped-off consumers but also protecting the integrity of the hardworking solar companies operating across our state.” -AG Nessel