* CVS said to sell outdated drugs, eggs, formula, milk

* Some products more than two years outdated -- Cuomo

* CVS says committed to preventing a recurrence

* CVS shares fall (Adds CVS comment, updated share prices)

NEW YORK, Nov 10 (Reuters) - New York's attorney general said Tuesday that CVS Caremark Corp (CVS.N: Quote, Profile, Research) will pay $875,000 to settle charges that it sold expired products -- some of which were more than two years past their expiration date -- at retail pharmacies across the state.

Attorney General Andrew Cuomo said the settlement follows a similar $1.3 million accord in December with another pharmacy chain, Rite Aid Corp (RAD.N: Quote, Profile, Research).

Cuomo said his office's investigation revealed that 142 CVS stores, or 60 percent of those visited, sold products such as over-the-counter drugs, baby formula, eggs and milk that were past their expiration dates.

He said the settlement resolves his lawsuit accusing CVS of the improper sales and of violating a previous settlement under which it agreed to take steps to end such sales.

"Companies have a responsibility to put the safety of their customers ahead of boosting their profits," Cuomo said in a statement.