Walmart and Kohl’s Will Collectively Pay $5.5 Million For Deceptive Advertising
Walmart and Kohl’s agreed to pay a collective $5.5 million in penalties as part of a settlement related to accusations of deceptive advertising from the companies.
The Department of Justice announced in a release Thursday that Walmart Inc. and Kohl’s Inc. paid $3 million and $2.5 million in civil penalties respectively in the settlement.
The settlement comes after complaints were filed against the two companies accusing them of violating the Federal Trade Commission Act and the Textile Fiber Products Identification Act and its associated rules by making deceptive claims about products that were supposedly made from bamboo.