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B2W Fined, Has Online Sales Suspended by Procon in Sao Paulo

March 14 (Bloomberg) -- B2W Cia. Global do Varejo online sales in the Brazilian state of Sao Paulo will be suspended for 72 hours starting tomorrow and the company was fined 1.74 million reais by the state consumer protecting agency Procon.

The punishment measures will be applied after an increase in customer complaints, Procon said today in an e-mailed statement.

B2W fell 3 percent to 9.69 reais in Sao Paulo at 12:24, the second-biggest drop among members of the benchmark Bovespa index.

Link to Company News: {BTOW3 BZ <Equity> CN <GO>} Link to Company News:{LAME4 BZ <Equity> CN <GO>}

To contact the reporter on this story: Helder Marinho in Sao Paulo at hmarinho@bloomberg.net

To contact the editor responsible for this story: Telma Marotto in Sao Paulo at tmarotto1@bloomberg.net

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