Friday, March 4, 2011

Target (TGT) Settles with California for $22.5 Million

Target (NYSE:TGT) has agreed to pay the state of California $22.5 million over supposedly illegally disposing of hazardous waste across the state.

What was identified as hazardous waste was hair coloring, pool chemicals, oven cleaners, and other such products.

The lawsuit claimed Target had no procedures in place to handling that type of 'hazardous waste.'

Supervising deputy state attorney general, Tim Patterson, said this had been the practice of the giant discount retailer from 2002 through 2009.

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