Family Dollar to pay $63m over pricing overcharge allegations
Summarised from 2 outlets · Updated 14 Nov, 23:43 · Archive
Family Dollar agreed to pay $63 million to settle allegations it charged customers more than advertised prices.
Family Dollar agreed to pay $63 million in a proposed settlement with Nebraska, 16 other states and the Federal Trade Commission over allegations it charged customers more at checkout than the prices on shelves, price tags and advertisements. Attorney General Mike Hilgers announced the settlement on Friday, stating that complaints, failed inspections and enforcement actions had preceded the agreement.
The proposed settlement prohibits Family Dollar from misrepresenting prices and requires the company to establish a pricing accuracy programme to monitor prices, train employees and correct errors. Family Dollar must also notify eligible customers about the redress fund through its stores and online channels.
The enforcement action involved Alabama, Arkansas, Colorado, Florida, Illinois, Iowa, Kansas, Louisiana, Mississippi, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Utah and Wisconsin alongside Nebraska and the FTC. There are 35 Family Dollar stores in Nebraska. Dollar General is facing a separate but similar lawsuit filed by the FTC and 20 states, including Nebraska.
How it is being reported
- Family Dollar agrees to $63 million settlement with Nebraska, other statesFamily Dollar will pay $63 million in a settlement with Nebraska, 16 other states and the Federal Trade Commission over allegations it charged customers more than advertised, Attorney General Mike Hilgers announced.WOWT · 14 Nov, 23:02
- Family Dollar agrees to $63 million settlement with Nebraska, other statesFamily Dollar will pay $63 million in a settlement with Nebraska, 16 other states and the Federal Trade Commission over allegations it charged customers more than advertised, Attorney General Mike Hilgers announced.1011Now · 14 Nov, 23:02
In this story: Family Dollar · Federal Trade Commission · Nebraska · Mike Hilgers · Dollar General
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