Walmart slapped with $66k fine for overcharging for Coke

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

(PIX11) -- Wal-Mart will pay $66,000 to settle claims of overcharging customers who bought Coca-Cola products in New York.

The markup was 50 cents for a 12-pack of Coke and ran afoul of state law that bars retailers from charging a price different than the one advertised, according to the New York attorney general's office, according to CNN.

Some customers say store employees told them the higher cost was for a "sugar tax." It turns out there is no such tax.

In total, Wal-Mart sold 66,000 cases of Coke to New Yorkers at the inflated price.

The retailer has agreed to pay $66,000 to settle the investigation, Schneiderman announced Tuesday.

A Wal-Mart spokesman said the company apologizes to customers and that it is enhancing procedures to help ensure proper promotional pricing in the future.

The company has since adjusted the pricing.