Retail giant Walmart (NYSE: WMT) has agreed to pay $45 million to settle a class-action lawsuit that accused the company of overcharging customers for certain food items.
The lawsuit, Kukorinis v Walmart Inc., alleged the following:
- For weighted goods like meat and seafood, Walmart’s point-of-sale systems would artificially inflate the product’s weight, resulting in customers being charged more than the advertised per-unit price.
- For bagged citrus products, the weight displayed on the shelf tag was higher than the actual weight of the product, causing customers to be overcharged.
- For weighted goods nearing expiration that were marked down, the discounted per-unit price displayed on the product was lower than what customers were actually charged at checkout.
While Walmart denied the allegations, the company said in a statement provided to Just Food that it believes a settlement is in the best interest of both parties.
The settlement allows eligible customers who purchased certain “weighted goods” like meat, poultry, and bagged citrus at Walmart stores in the US and Puerto Rico between October 19, 2018 and January 19, 2024 to submit claims for reimbursement.
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Customers with receipts can receive 2% of the total cost of eligible items, up to a maximum of $500 per claimant. Those without receipts can still file a claim, but the potential payout is capped at $25 for over 100 pounds of eligible purchases.
The deadline to submit a claim is June 5, 2024, and a final approval hearing is scheduled for June 12.
Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
2 Responses
Who keeps receipts for 6 years?
I have bought meat produce from walmart for many years.