The settlement comes after complaints were filed against the companies accusing them of making deceptive claims about products supposedly made from bamboo.
– Walmart and Kohl’s agreed to pay a collective $5.5 million in penalties as part of a settlement related to accusations of deceptive advertising from the companies.Thursday that Walmart Inc. and Kohl’s Inc. paid $3 million and $2.5 million in civil penalties respectively in the settlement.
In filed complaints, the government alleged that Walmart and Kohl’s advertised products as made of bamboo when they were actually made of rayon and did not contain any bamboo fibers.
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