Caught selling outdated goods, chain agrees to settlement

November 26, 2007

Duane Reade has to pay thousands of dollars in restitution for selling expired over-the-counter products

Without admitting guilt, Duane Reade has agreed to pay $200,000 to settle charges that it sold expired or overpriced OTCs, infant formula, baby food, and other products at its New Jersey stores. The charges were filed by state authorities in New Jersey. The chain also agreed to pay $175,000 in civil penalties and $25,000 to the state for its attorneys' fees and investigative costs. If the chain fails to comply with the terms of the settlement over the next year, it will have to pay an additional $100,000 in civil penalties.

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