Home Depot Settles False Advertising Lawsuit
Home Depot Settles False Advertising Lawsuit
Home Depot Settles False Advertising Lawsuit
News summary

Home Depot has agreed to pay nearly $2 million to settle a civil lawsuit in Los Angeles County, which accused the retailer of false advertising and unfair competition by overcharging customers. The lawsuit, initiated by multiple district attorneys in California, highlighted 'scanner violations' where prices at checkout exceeded those advertised on shelves. Home Depot will pay a total of $1.7 million in civil penalties and an additional $277,251 to cover investigation costs. As part of the settlement, the company has committed to implementing a price accuracy program, which includes regular audits and employee training, and will cease price increases on weekends. Although Home Depot did not admit wrongdoing, the case aims to protect consumer trust and ensure fair marketplace practices. The financial settlement is relatively minor compared to Home Depot's annual revenue, yet the negative publicity may impact its reputation.

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