Walmart to settle meat pricing suit for up to $9.5 million

Walmart has agreed to settle a class action lawsuit filed in U.S. Southern District of Florida in early 2019 that alleged Walmart advertised deceptive unit prices for weighted goods such as beef, pork and poultry as they neared their expiration dates.

The suit accused Walmart of systematically overcharging for meat and other weighted food items that did not march the sale price advertised on the label.

Walmart moved to dismiss the case, but that motion that was denied in June. The original case filed in Florida was expanded to cover the entire U.S. and Walmart agreed to settle the claims expected to range between $4.5 million and $9.5 million depending on the number of claimants who come forward with proper documentation.

“We are pleased we could reach a proposed resolution and look forward to the Court granting preliminary approval of the settlement,” a Walmart corporate spokesman told Talk Business & Politics on Tuesday.

As part of the settlement, Walmart also has promised to change its pricing practices.