CVS settles expired product lawsuit in NY, will pay $875,000, stop selling old goods

By AP
Tuesday, November 10, 2009

CVS settles with NY over expired products

ALBANY, N.Y. — New York officials say they’ve reached an $875,000 settlement with CVS Pharmacy Inc. to stop sales of expired products — including food, medicine and baby formula.

Attorney General Andrew Cuomo, who announced the agreement Tuesday, sued after investigators bought expired goods in 60 percent of CVS stores they canvassed across the state.

The settlement ends a lawsuit that the state filed after it said CVS breached a prior agreement to halt expired sales.

A CVS spokesman says the company is committed to keeping expired products off shelves and that the settlement doesn’t include any admission of wrongdoing.

Cuomo reached a similar settlement with Rite Aid in 2008.

CVS is the retail division of Woonsocket, R.I.-based CVS Caremark Corp. It has about 432 New York stores.

On the Net:

Attorney general’s office: www.oag.state.ny.us

CVS: www.cvs.com

Discussion

Ben
December 4, 2009: 1:31 pm

MediaCurves.com conducted a study among 284 Americans viewing a news clip about CVS selling expired products in Connecticut. Results found that the majority of respondents (80%) reported that Connecticut’s attorney general should sue CVS after viewing the news clip. The majority of viewers (62%) stated that they would be less likely to purchase products from CVS after viewing the video. In addition, participants who indicated that they were less likely to purchase products at CVS reported that they would most likely shop at Walgreens. More in depth results can be seen at:
mediacurves.com/HealthCare/J7663-CVSExpiredProducts/
Thanks,
Ben

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