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Company: Curbio, Inc.
Penalty: $7,500,000
Year: 2024
Date: September 12, 2024
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: Curbio-which markets itself as a pre-sale home renovation company that allows owners to defer payment until after their home is sold-allegedly systematically deceived DC homeowners, trapped them in unconscionable contracts, and performed overpriced, substandard work that took months or years longer than promised. Under the terms of the settlement agreement, Curbio must immediately pay $3.5 million in restitution and credits to more than 180 DC homeowners. Curbio must also pay an additional $4 million to DC, eliminate its unconscionable contract provisions, stop making misleading marketing claims, and make other changes to the way it does business.
Level of Government: state
Action Type: agency action
Agency: District of Columbia Attorney General
Civil or Criminal Case: civil
Facility State: District of Columbia
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