Projo 7 to 7 News Blog

The New York attorney general said Tuesday that Woonsocket-based CVS Caremark Corp. (CVS:NYSE) has agreed to pay $875,000 to settle charges that it sold expired products at its stores in that state.

New York Attorney General Andrew Cuomo initiated legal action in 2008 against CVS after a survey by his office found expired products at 60 percent of CVS stores visited, Bloomberg reported. The survey found expired over-the-counter drugs, baby formula, eggs and milk at the stores.

CVS agreed to implement procedures to prevent the sale of expired products as part of the settlement.

In July 2008, a union-backed group said its own survey found expired products on the shelves of 800 CVS stores around the country. Earlier in 2008, CVS agreed to give $2 coupons to customers who found expired products on its shelves in California through a settlement with that state's attorney general, Edmund "Jerry" Brown.

 Tags  consumer CVS Caremark Corp. Woonsocket RI

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