• 72°

North Carolina AG: Company fined $150K for price gouging PPE

North Carolina Attorney General Josh Stein says a company that he had accused of price gouging on personal protective equipment has been fined $150,000.

The AG’s office said in a statement that Wake County Superior Court Judge Vince Rozier filed the judgement on Wednesday against the New Jersey-based Stephen Gould Corporation.

“Sellers cannot take advantage of a crisis to make a profit, especially at the expense of front line health care workers and first responders who were risking their lives to care for their fellow North Carolinians with the coronavirus,” Stein said.

Stein’s lawsuit claimed the company pitched millions of masks to state agencies, some hospitals and nonprofits at a markup of more than 100 percent. It would have led to tens of millions of dollars in profits, he said.

The Stephen Gould Corporation said in a statement that it regrets getting caught up in the volatility of the market for protective gear during the initial stages of the pandemic.

“Fortunately, the company terminated those efforts shortly after they began and no medical masks were ever purchased or sold to any North Carolina business,” the firm said. “Moving forward, Stephen Gould Corporation will continue its efforts to be a good corporate citizen in North Carolina, as it has done for the past 35 years.”

READ ABOUT MORE NEWS HERE.

RECENT HEADLINES:

Travel trailer park rules approved for unincorporated Dare County

‘Keep the Cheer Here’ campaign encourages local shopping

News

Several scenic byway signs have been stolen since original installation

News

Extensive damage reported in early morning Kill Devil Hills structure fire

News

Bill raising minimum North Carolina marriage age to 16 continues to advance

News

Set of family birthdays win Perquimans County woman $100,000 Cash 5 jackpot

Business

Ribbon cutting held for Island Guesthouse & Motel

Crime

North Carolina man charged in roadside shooting incident

News

Jamie Whitley honored by North Carolina Association of Municipal Clerks

News

Sheriff’s office investigating infant drowning in bathtub at North Carolina home

Business

Long & Foster Real Estate office celebrated with grand opening and ribbon cutting event

News

Cape Hatteras National Seashore update on Oregon Inlet Marina, lighthouse climbing, wildlife nesting

Lifestyles

Dare County Library announces 2021 “Tails and Tales!” summer reading program

News

Ferry departure time heat map developed

Crime

North Carolina man sentenced to 14 years in prison for crystal methamphetamine, firearm charges

Crime

Vehicle clips bicycle, driver leaves the scene in Avon

Crime

Fourth arrest made in shooting death of North Carolina woman

Business

Kill Devil Hills Dairy Queen receives award for high level of cleanliness, food safety

News

Kitty Hawk Planning Board recommends approval of new four lot subdivision

News

Town Common in Manteo provides green space, parking

Lifestyles

Dare County Schools summer meals program open for all children

News

North Carolina man snags $436,064 Cash 5 jackpot

Crime

Former Ft. Bragg employee sentenced to prison, ordered to pay millions in restitution for conspiracy and stealing government property

News

Dare commissioners meet Monday

News

Weekly gas price update for North Carolina

News

UPDATED: Multiple fire crews battle early morning blaze in Kill Devil Hills