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Walmart To Pay $5.6 Million In Settlement For Overcharging Customers, Violating California Laws
Walmart Inc. (NYSE:WMT) has agreed to pay a hefty sum of $5.6 million to settle a lawsuit accusing the retail giant of overcharging its customers and selling products with less weight than labeled. Walmart Sued For Overcharging,
Walmart to pay $5.6M settlement in lawsuit claiming it overcharged customers
The California Department of Justice said Walmart agreed in 2012 to pay $2.1 million for overcharging customers, USA Today reported. The company, in that case, was also accused of violating a 2008 judgment that required it to fix pricing errors at checkout stands, according to The Los Angeles Times.
Walmart, the largest retailer in the United States, has agreed to pay $5.6 million to settle a consumer protection lawsuit ...
The acquisition was made on behalf of Sterling Consumer Logistics Properties I, LP (“The Fund”), a $225 million equity fund.
Government civil cases and class action lawsuits are common means to protect consumers’ rights amid false advertising, discrepancy and other violations.
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