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Mike the Printer, Inc., Sues Ricoh
for Breach of Contract, Unfair Competition and Fraud.
In a notable legal development, Mike the Printer, Inc. has filed a class action lawsuit against Ricoh USA, Inc., alleging unfair business practices and contract breaches. The complaint accuses Ricoh of implementing excessive annual price increases that far exceed the 15% limit agreed upon in contracts. Ricoh is alleged to have covertly raised rates by up to 25% annually since 2022, imposing significant financial strain on customers.
(click here to download the lawsuit)
This legal battle by Mike the Printer, Inc. against Ricoh could have far reaching implications, potentially influencing industry practices and contract terms nationwide. This case is one to watch closely as it progresses.
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