ConsumerSunday, November 15
Family Dollar agrees to a $63 million settlement over overcharging allegations
The 5AM Evanston team
If you've shopped at Family Dollar, listen up. Attorney General Kwame Raoul announced Friday that the chain agreed to a $63 million settlement over allegations that it charged more at the register than the prices on shelves, price tags and advertisements. Illinois joined the FTC and 16 other states in the case. Family Dollar must set up a $40 million redress fund for eligible consumers and a $20 million discount program.
The settlement puts $40 million into a consumer redress fund
Sources: RiverBender.com, Herald-Whig, CBS Chicago
View as table
| Value | |
|---|---|
| Redress fund | $40M |
| Discount program | $20M |
| States (more than $3M) | $3M |
Under a proposed order, the company has to post notices of eligibility in its stores and on its digital platforms, so keep an eye out. The release doesn't say how consumers can claim money or how much each would receive.
$188,548Illinois' share of the payments to states
Payments to the states total more than $3 million.
Sources: RiverBender.com, Herald-Whig, CBS Chicago
- Pricing accuracy program: monitor prices, train staff, fix errors
- Oversight: independent assessment and certification every year
- Barred from misrepresenting the price of goods or services
- Complaint cites thousands of failed inspections, hundreds of complaints
Sources: NBC 5 Chicago, RiverBender.com, Herald-Whig, CBS Chicago