8 New Jersey Businesses to Pay Back $280K Over Sandy Price Gouging

Some of the money paid out will go to the consumers who were ripped off

Tuesday, Jul 23, 2013  |  Updated 12:28 PM EDT
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8 NJ Businesses to Pay Back $280K Over Sandy Price Gouging

Pat Battle

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Eight New Jersey businesses accused of excessive price gouging following Sandy have reached settlements with the state.

Consumer Affairs officials announced Tuesday that four hotel operators, three gas stations and a hardware store will pay more than $280,000 in settlements. 

Some of the money will be used to reimburse 185 consumers.

Two Princeton hotels, one in Pleasantville and another in Cologne will pay consumers plus civil penalties, attorney's fees and investigative costs. Similar agreements were reached with gas stations in Lyndhurst, Paterson and Newark.

Officials say the hotels gouged room prices and the stations hiked gas prices following the storm. The businesses admitted no liability.

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