Brothers Reach Settlement for Trying to Resell Bottles of Hand Sanitizer


Remember last month, when brothers Matt and Noah Colvin made the mistake of talking to The New York Times about buying 17,700 sanitizing products in the hopes of reselling them for a profit? Well, that outlet now reports that the Colvins have reached a settlement with the attorney general of Tennessee over their price-gouging plans. The two have donated their hoard to people in Tennessee and Kentucky in exchange for avoiding prosecution or paying a fine. However, they won't recoup the thousands of dollars they spent amassing their stockpile. “Disrupting necessary supplies during an unprecedented pandemic is a serious offense,” Tennessee Attorney General Herbert H. Slatery III said in a statement on Tuesday. “It became clear during our investigation that the Colvins realized this, and their prompt cooperation and donation led to an outcome that actually benefited some consumers.”

Read more: https://www.nytimes.com/2020/04/22/us/hand-sanitizer-matt-colvin-noah-coronavirus.html?smtyp=cur&smid=tw-nytimes

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