Target Pays New Jersey $375K To Settle Fraud Charges

Target has agreed to pay New Jersey $375,000 to settle charges that it sold baby formula and non-prescription drugs that had expired, and that it charged higher prices on some products than what was displayed on the shelves.


State officials said the company will no longer sell non-prescription drugs or infant formula beyond their expiration dates, nor will it sell merchandise for more money than the displayed price. Target also created a new position to monitor the company’s compliance with the settlement for the next two years.

The state’s Division of Consumer Affairs sued Target, Walmart, and Drug Fair in September 2008, after finding that despite earlier agreements with the state, they were still selling expired products and charging wrong prices. Lawsuits against the other two retailers are still pending.

“Target reaches $375K settlement with N.J. for selling expired baby formula, charging different prices” []
(Photo: j.reed)

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