On May 21, 2024, New York Attorney General Letitia James provided over $13,500 worth of baby formula to Brooklyn families, fulfilling a settlement with Paragon USA & Co., LLC for price gouging amid the 2022 nationwide formula shortage. The settlement involved a $10,000 penalty and an additional $35,000 worth of baby formula. Companies were found raising prices by over 20% after a major supplier's production halt. The donated formula was distributed by Mixteca, a nonprofit serving Latino communities, highlighting the importance of access to nutrition during crises.
Companies should never be able to raise prices and squeeze extra profits from struggling New Yorkers during a crisis.
This support ensures that families in our community have access to essential nutrition for their little ones during a time of great need.
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