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Posted: Thursday, 04 December 2008 6:08PM

Rite Aid Settles with NY Over Expired Products



ALBANY, N.Y. (AP)  -- New York officials say they've reached a $1 million agreement with Rite Aid, a national pharmacy chain, to stop sales of expired products -- including food, medicine and baby formula.

Attorney General Andrew Cuomo sued after investigators bought expired goods in 22 percent of Rite Aid stores statewide.

The Camp Hill, Pa., company will pay a penalty of $1 million and up to $300,000 more if it fails to comply with the agreement in the next three years.

Cuomo is also suing pharmacy chain CVS. Investigators found 39 percent of its stores were selling expired items.

A Rite Aid official says the company opposes such sales and has created policies to prevent it. CVS officials say they're disappointed by the suit, but will cooperate and remove expired products.

On the Net: http://www.riteaid.com/

http://www.cvs.com/

http://www.oag.state.ny.us/


TM & Copyright 2008 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO & EYE Logo TM & Copyright 2008 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. TheAssociated Press contributed to this report.
 
 
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