Posted on Tue, Nov. 10, 2009
Target Corp. has agreed to pay $375,000 to settle a lawsuit brought by the New Jersey Attorney General's Office that alleged that Target Stores violated a number of consumer laws, including selling infant formula and nonprescription drugs after expiration dates.
The settlement, announced today, includes an agreement by Target to create a new senior management position, group pricing compliance specialist, to monitor the company's pricing policies.
Last year, the Attorney General's Office reached a $475,000 settlement with Rite Aid Corp. over similar violations. Suits are still pending against Wal-Mart and Drug Fair. - Christopher K. Hepp
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