Fair 17°
Tag:

Internal Audit

News
Walmart Agrees To Whopping $1.64M Settlement Amid Unfair Pricing Accusations At NJ Stores Walmart Agrees To Whopping $1.64M Settlement Amid Unfair Pricing Accusations At NJ Stores
Walmart Agrees To Whopping $1.64M Settlement Amid Unfair Pricing Accusations At NJ Stores Walmart has agreed to pay $1.64 million to settle accusations of unlawful pricing at its 64 stores across New Jersey, state officials said. The settlement, which includes a $1.61 million civil penalty, is the largest ever obtained by the Division’s Office of Weights and Measures (“OWM”). Walmart was accused of violating New Jersey’s Consumer Fraud Act (“CFA”) and Unit Pricing Disclosure Act (“UPDA”) by using inaccurate unit pricing for a variety of grocery products sold in the chain’s New Jersey locations, Attorney General Matthew J. Platkin said. The UPDA requires grocery retailers t…

SHARE

by Cecilia Levine