READINGTON, N.J. — A New Jersey craft beer wholesaler has been fined $2 million as part of a settlement in a trade practices dispute.

According to state Attorney General Christopher Porrino, Hunterdon Brewing Company, LLC, has received the largest fine ever imposed on a single licensee. reports ( ) the company was accused of selling draft beer tap systems at below fair market prices and concealing the charges by mislabeling invoices.

The company has agreed to the fine in a consent order signed May 31.

The fine will be payable in four $500,000 installments over the next year, and the state will waive $250,000 if an audit shows no similar violations.

Information from: NJ Advance Media.