"Lawsuit by 3M accuses NJ business of massive price-gouging scam..."

April 25, 2020 All Blog Posts Category

“Lawsuit by 3M accuses NJ business of massive price-gouging scam, peddling protective N95 masks at staggering 600% markup.”

A New Jersey scammer, eager to turn a profit off the region’s pain, pitched city officials on a $45 million deal to buy desperately-needed 3M-produced protective masks at an unconscionable 600% mark-up, according to court papers filed Friday.

The accused price-gouger, Performance Supply LLC of Manalapan, N.J., allegedly reproduced 3M’s corporate logo on its March 30 proposal to the Office of Citywide Procurement, looking to peddle the coronavirus-crippled city N95 respirators at $6.05 apiece rather than the list price of $1.02-$1.31 per mask.

“The defendant is advertising and offering for sale 3M-branded respirator masks at exorbitantly inflated prices during a global pandemic when plaintiff’s products are necessary to protect public health,” read the 26-page Manhattan Federal Court filing by 3M, which seeks a jury trial and triple damages.

(More information from: https://www.nydailynews.com/new-york/ny-3m-garden-state-gouging-20200410-cxngypvkpvcfnftzl25sws7gp4-story.html)

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