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Office Depot reaches settlement in Colorado


New York City -- Office Depot has reached an agreement with Colorado’s attorney general to offer a refund to about 115 Colorado governmental agencies and nonprofits in connection with the sale of office supplies between January 2006 and March 2009, the Denver Business Journal reported.

The agreement calls for the chain to refund customers as much as $189,000.

Following a yearlong investigation, the attorney general of Colorado alleged that the customers were placed on a higher-cost price plan, either without their knowledge or without complete information about the cost differences between the price plans available to customers, the report said.

Office Depot agreed to pay a total of $412,000 to the state of Colorado, $189,441.06 of which will be used to reimburse customers. The remaining $222,561.94 and any interest will be used for reimbursement of the state’s costs and attorney fees, as well as consumer education or other antitrust enforcement actions.

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