Two students at Daytona Beach Community College have sued the college and the Follett Higher Education Group, the nation’s largest collegiate-bookstore chain, in federal court, alleging unfair and illegal pricing practices, the Orlando Sentinel reported. The complaint accuses Follett and the college of overcharging students on used-book sales by rounding prices up, and of underpaying them when buying books back. Those practices might amount to only a few bucks for an individual student each semester, the students say, but the amount, when multiplied by thousands of students at each of the company’s more than 750 bookstores, could add up to millions. The students are seeking class-action status for the lawsuit and hope to recover at least $5-million in damages. A Follett representative said the company believes the suit “is without legal basis.”
November 26, 2006
Students' Lawsuit Over Bookstore Chain's Policies Seeks $5-Million in Damages
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