Home Depot will pay $750,000 to settle claims that the retail giant violated the state's law on gift cards, prosecutors in Sonoma County announced Friday.
Home Depot will pay $750,000 to settle claims that the retail giant violated the state's law on gift cards, prosecutors in Sonoma County announced Friday.District Attorney Carla Rodriguez said that her office, along with district attorneys' offices in Contra Costa, Los Angeles and Ventura counties settled with the retailer. As part of the stipulated judgement, the company will pay $750,000 in civil penalties, fees and restitution.
State law entitles consumers to redeem cash from any gift card with a cash value under $10. The law also states that gift cards do not have an expiration date.According to an investigation, 'numerous' Home Depot stores did not let customers cash out gift cards that had less than $10 in value. Prosecutors said the retailer cooperated with the investigation.
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