State drops price gouging charges against hotel owners
Published: December 3,2012
VICKSBURG — The Mississippi attorney general’s office has dropped charges against the owners of a Vicksburg hotel who had been accused of price gouging during a state of emergency.
Jan Schaefer, a spokeswoman for Attorney General Jim Hood, tells the Vicksburg Post there was not enough evidence to pursue the charges.
Devenora V. Patel and his son-in-law, Hemel Ramesh Surati, were accused of charging too much for rooms during a state of emergency declared in August because of Hurricane Isaac.
Hood had said Patel and Surati had charged more than their usual profit margin for hotel rooms. The men had denied the charges.
Mississippi’s price gouging law prevents a merchant from increasing the average profit margin on products until a state of emergency executive order is lifted.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Drew Brees settles lawsuit alleging investment fraud
- Doctor convicted of using phony church for tax shelter
- Ex-Delta mayor indicted, accused of stealing city property
- Cochran's legal counsel asks Court to toss McDaniel's lawsuit
- Williams-Sonoma expanding, adding nearly 1,000 jobs
- Ex-baliff wants pay or her job back after termination
- More than half-dozen groups file charter school applications
- State Rep. Patterson switches from Democrats to GOP
- Biloxi baseball project still alive but may be held for 2015