Owners of Village Hardware of Chatham Agree to Pay $20,000 Settlement for Price Gouging During Hurricane Sandy
Wednesday, July 24, 2013 • 12:50pm
CHATHAM, NJ - Village Hardware on Main Street is one of the eight businesses which have agreed to pay settlements with the state as a result of price-gouging charges related to Hurricane Sandy.
According to NJ.com, Village Hardware was accused of charging excessive prices for the sale of five-gallon gas cans during the storm that occurred Oct. 29, 2012.
The New Jersey Division of Consumer Affairs and the state's attorney general's office revealed the settlements with eight business, totaling payments of $282,000.
According to the report, Berwick International, Inc., will pay $20,000 on behalf of Village Hardware, to settle with the state.
The Chatham store is the only hardware establishment named in the complaints of price gouging. The other seven included four hotels and three gas stations.
Village Hardware employees declined to comment when asked about the settlement by TAP Chatham.
People wishing to report price gouging should contact the New Jersey Division of Consumer Affairs through their website or call (800) 242-5846 or (973) 504-6200.