NJ Accuses 8 Businesses of Post-Sandy Price Gouging

Law360, New York (November 9, 2012, 7:58 PM EST) -- New Jersey officials on Friday announced civil suits against seven gas stations and one hotel for allegedly price gouging vulnerable consumers during an emergency declaration sparked by Hurricane Sandy.

One Paterson gas station — Kistruga Inc., which does business under the Lukoil brand — allegedly hiked the price of its regular fuel from $3.45 to $5.50 per gallon during the state of emergency with no evidence of higher costs to justify that increase, according to Attorney General Jeffrey Chiesa and the state Division of Consumer Affairs....
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