7 On Your Side

Walmart pays big fine for overcharging customers

Wednesday, March 21, 2012

One of the nation's biggest retailers is paying a big fine for overcharging its customers. There's a new settlement with Walmart.

Walmart has agreed to pay more than $2 million because it failed to stop overcharging customers. The retail giant was ordered four years ago to correct a pattern of charging customers more than the price posted on store shelves. However, a follow-up investigation found the retail chain was still overcharging.

Walmart will now pay $2.1 million in fines. Also, customers who are overcharged will be entitled to $3 off the lowest price for that item. So keep track when you're shopping.

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walmart, 7 on your side, michael finney
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