MADISON, Wis. Attorneys general announced Wednesday a $4.25 million settlement with Menard Inc., resolving allegations that the retailer deceptively advertised its 11% merchandise credit program and engaged in price gouging during the COVID-19 pandemic. The agreement, co-led by Wisconsin, Minnesota, Illinois and Iowa, requires Menards to disclose rebate terms, identify Rebates International as part of Menards, update rebate tracking within 48 hours, allow one year to file claims, and pay state shares including Wisconsin’s approximately $750,000. The settlement addresses alleged misleading advertising and price increases on four-gallon water at two Wisconsin stores. Based on 11 articles reviewed and supporting research.
This 60-second summary was prepared by the JQJO editorial team after reviewing 11 original reports from Urban Milwaukee, Channel 3000, WAOW, KIMT-TV 3 Mason City, WFRV-TV Channel 5, Sandhills Express, WGBA, https://www.wsaw.com, SiouxlandProud | Sioux City, IA | News, Weather, and Sports, INFORUM and WGEM.com.
Consumers and state consumer protection agencies benefited through clearer disclosure requirements, improved rebate processes, and monetary payments distributed among participating states.
Some Menards customers suffered confusion and potential overpayment due to misleading rebate advertising and alleged price increases during the pandemic.
After reading and researching latest news.... State attorneys general concluded a multistate probe found Menards misrepresented its 11% rebate as an immediate discount and raised prices on bottled water during pandemic emergency periods; the settlement requires clearer disclosures, operational changes, and $4.25 million in payments allocated to participating states nationwide.
No left-leaning sources found for this story.
Midwestern states secure $4.25M Menards settlement over rebates
Urban Milwaukee Channel 3000 WAOW KIMT-TV 3 Mason City WFRV-TV Channel 5 Sandhills Express WGBA https://www.wsaw.com SiouxlandProud | Sioux City, IA | News, Weather, and Sports INFORUM WGEM.comNo right-leaning sources found for this story.
Comments